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NICE Holdings Co (XKRX:034310) Long-Term Capital Lease Obligation : ₩83,787 Mil (As of Mar. 2024)


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What is NICE Holdings Co Long-Term Capital Lease Obligation?

NICE Holdings Co's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩83,787 Mil.

NICE Holdings Co's quarterly Long-Term Capital Lease Obligation increased from Sep. 2023 (₩74,191 Mil) to Dec. 2023 (₩78,160 Mil) and increased from Dec. 2023 (₩78,160 Mil) to Mar. 2024 (₩83,787 Mil).

NICE Holdings Co's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (₩77,307 Mil) to Dec. 2022 (₩67,504 Mil) but then increased from Dec. 2022 (₩67,504 Mil) to Dec. 2023 (₩78,160 Mil).


NICE Holdings Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for NICE Holdings 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.

* Premium members only.

NICE Holdings Co Long-Term Capital Lease Obligation Chart

NICE Holdings Co 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 38,608.27 50,486.60 77,307.48 67,503.92 78,160.43

NICE Holdings Co 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 70,947.30 72,454.21 74,191.18 78,160.43 83,787.04

NICE Holdings Co  (XKRX:034310) 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.

NICE Holdings Co Long-Term Capital Lease Obligation Related Terms

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NICE Holdings Co (XKRX:034310) Business Description

Traded in Other Exchanges
N/A
Address
17, Eunhaeng-ro, Yeongdeungpo-Gu, Seoul, KOR
NICE Holdings Co Ltd is engaged in the financial services domain. The Korea-based firm conducts capital market activities including credit rating, corporate information, individual credit information, automatic teller machine (ATM) management, credit card settlement, marketing research, distressed-debt dealing and investment, asset management, as well as real estate rental business.

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