CTC Bio (XKRX:060590) Long-Term Capital Lease Obligation : ₩3,191 Mil (As of Mar. 2024)

View and export this data going back to 2002. Start your Free Trial

What is CTC Bio Long-Term Capital Lease Obligation?

CTC Bio's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩3,191 Mil.

CTC Bio's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (₩3,422 Mil) to Dec. 2023 (₩3,198 Mil) and declined from Dec. 2023 (₩3,198 Mil) to Mar. 2024 (₩3,191 Mil).

CTC Bio's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (₩2,504 Mil) to Dec. 2022 (₩5,033 Mil) but then declined from Dec. 2022 (₩5,033 Mil) to Dec. 2023 (₩3,198 Mil).

CTC Bio Long-Term Capital Lease Obligation Historical Data

The historical data trend for CTC Bio'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.

CTC Bio Long-Term Capital Lease Obligation Chart

CTC Bio Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

539.34

811.65

2,503.87

5,033.03

3,197.60

CTC Bio 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															4,883.00	3,759.75	3,422.01	3,197.60	3,190.73

CTC Bio (XKRX:060590) 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.

CTC Bio Long-Term Capital Lease Obligation Related Terms

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

CTC Bio (XKRX:060590) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » CTC Bio Inc (XKRX:060590) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

94, Saengmyeonggwahakgwan-gil, Gangwon-do, Hongcheon, KOR, 25142

Website

http://www.ctcbio.com

CTC Bio Inc is engaged in the manufacturing and distribution of pharmaceutical products, veterinary medicines, feed additives, feed ingredients, and functional foods.

CTC Bio (XKRX:060590) Headlines

No Headlines