GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Handsome Corp (XKRX:020000) » Definitions » Long-Term Capital Lease Obligation

Handsome (XKRX:020000) Long-Term Capital Lease Obligation : ₩23,201 Mil (As of Mar. 2024)


View and export this data going back to 1996. Start your Free Trial

What is Handsome Long-Term Capital Lease Obligation?

Handsome's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩23,201 Mil.

Handsome's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (₩11,534 Mil) to Dec. 2023 (₩10,612 Mil) but then increased from Dec. 2023 (₩10,612 Mil) to Mar. 2024 (₩23,201 Mil).

Handsome's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (₩7,446 Mil) to Dec. 2022 (₩13,822 Mil) but then declined from Dec. 2022 (₩13,822 Mil) to Dec. 2023 (₩10,612 Mil).


Handsome Long-Term Capital Lease Obligation Historical Data

The historical data trend for Handsome's Long-Term Capital Lease Obligation can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Handsome Long-Term Capital Lease Obligation Chart

Handsome Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8,519.18 5,209.56 7,445.76 13,822.32 10,611.97

Handsome Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Long-Term Capital Lease Obligation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11,671.47 11,432.93 11,533.75 10,611.97 23,201.23

Handsome  (XKRX:020000) Long-Term Capital Lease Obligation Explanation

Long-Term Capital Lease Obligation are the amount due for long-term asset lease agreements that are nearly equivalent to asset purchases. Capital lease obligations are installment payments that constitute a payment of principal plus interest for the capital lease. The Short-Term Capital Lease Obligation is the portion of a Long-Term Capital Lease Obligation that is due over the next year.

Under US Generally Accepted Accounting Principles (GAAP), a capital lease is essentially equivalent to a purchase by the lessee if it meets the following criteria:

1. Ownership of the asset is transferred to the lessee at the end of the lease term;
2. The lease contains a bargain purchase option to buy the equipment at less than fair market value;
3. The lease term equals or exceeds 75% of the asset's estimated useful life;
4. The present value of the lease payments equals or exceeds 90% of the total original cost of the equipment.

Handsome Long-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of Handsome's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.


Handsome (XKRX:020000) Business Description

Traded in Other Exchanges
N/A
Address
52-1 Samseong-dong, Gangnam-gu, Seoul, KOR, 135-090
Handsome Corp is a Korea-based apparel manufacturer. Its key business includes the manufacturing and marketing of various types of apparel under brands such as Time, Time Homme, Mine, System, System Homme, SJSJ, Chloe and Lanvin. The company's marketing channel comprises department stores, sales agencies, and direct management agencies. A nominal portion of its revenue is generated through rentals and golf resort operations.

Handsome (XKRX:020000) Headlines

No Headlines