Shinsegae Food Co (XKRX:031440) Long-Term Capital Lease Obligation : ₩157,348 Mil (As of Jun. 2024)

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What is Shinsegae Food Co Long-Term Capital Lease Obligation?

Shinsegae Food Co's Long-Term Capital Lease Obligation for the quarter that ended in Jun. 2024 was ₩157,348 Mil.

Shinsegae Food Co's quarterly Long-Term Capital Lease Obligation declined from Dec. 2023 (₩168,717 Mil) to Mar. 2024 (₩162,506 Mil) and declined from Mar. 2024 (₩162,506 Mil) to Jun. 2024 (₩157,348 Mil).

Shinsegae Food Co's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (₩198,440 Mil) to Dec. 2022 (₩174,619 Mil) and declined from Dec. 2022 (₩174,619 Mil) to Dec. 2023 (₩168,717 Mil).

Shinsegae Food Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Shinsegae Food Co'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.

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Shinsegae Food Co Long-Term Capital Lease Obligation Chart

Shinsegae Food Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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36,790.31

228,440.99

198,439.74

174,619.16

168,716.87

Shinsegae Food Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															168,927.98	164,231.41	168,716.87	162,506.46	157,348.28

Shinsegae Food Co (XKRX:031440) 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.

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Shinsegae Food Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Shinsegae Food Co Ltd (XKRX:031440) » Definitions » Long-Term Capital Lease Obligation

Traded in Other Exchanges

N/A

Address

Seongsuil-ro, 56th floor, Seongdong-gu, Seoul, KOR

Website

http://www.shinsegaefood.com

Shinsegae Food Co Ltd is involved in food manufacture, food distribution, food and beverage and food service and restaurant business. Food manufacture business includes manufacturers, soups, stews, casseroles, salads, processed meat, sauces, noodles, and rice cakes baked goods, etc. Food distribution business comprises supplying goods to customers such as restaurant franchises, food manufacturers, hotels, resorts, etc. The food and beverage business consists of the development of new concepts and premium food brands and foodservice business covers the provision of customized food services to facilities such as offices, research centers, hospitals, and universities. The firm promotes and develops brands such as Hansik Olbaan, peacock, Johnny rockets, zespri, among others.

Shinsegae Food Co Headlines

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