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Seoul Semiconductor Co (XKRX:046890) Long-Term Capital Lease Obligation : ₩4,687 Mil (As of Mar. 2024)


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What is Seoul Semiconductor Co Long-Term Capital Lease Obligation?

Seoul Semiconductor Co's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩4,687 Mil.

Seoul Semiconductor Co's quarterly Long-Term Capital Lease Obligation increased from Sep. 2023 (₩4,129 Mil) to Dec. 2023 (₩4,708 Mil) but then declined from Dec. 2023 (₩4,708 Mil) to Mar. 2024 (₩4,687 Mil).

Seoul Semiconductor Co's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (₩3,765 Mil) to Dec. 2022 (₩3,903 Mil) and increased from Dec. 2022 (₩3,903 Mil) to Dec. 2023 (₩4,708 Mil).


Seoul Semiconductor Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Seoul Semiconductor 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.

Seoul Semiconductor Co Long-Term Capital Lease Obligation Chart

Seoul Semiconductor 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 4,132.28 3,292.76 3,765.49 3,903.40 4,708.20

Seoul Semiconductor 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 3,693.33 3,616.25 4,129.22 4,708.20 4,686.66

Seoul Semiconductor Co  (XKRX:046890) 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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Seoul Semiconductor Co (XKRX:046890) Business Description

Traded in Other Exchanges
N/A
Address
148-29 Gasan-dong, Geumcheon-gu, Seoul, KOR, 153-023
Seoul Semiconductor Co Ltd is a company catering to the semiconductor industry in Korea. It manufactures and markets light emitting diodes used in notice boards and billboards; customized modules used in lightings and home appliances, and sensors used in printers and vending machines. Its array of products includes side view LEDs, top view LEDs, chip LEDs, lamp LEDs and high flux LEDs. The company has markets located at home and abroad.

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