Ycchem Co (XKRX:112290) Long-Term Capital Lease Obligation : ₩1,224 Mil (As of Mar. 2024)

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What is Ycchem Co Long-Term Capital Lease Obligation?

Ycchem Co's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩1,224 Mil.

Ycchem Co's quarterly Long-Term Capital Lease Obligation increased from Sep. 2023 (₩977 Mil) to Dec. 2023 (₩1,240 Mil) but then declined from Dec. 2023 (₩1,240 Mil) to Mar. 2024 (₩1,224 Mil).

Ycchem Co's annual Long-Term Capital Lease Obligation declined from Dec. 2020 (₩657 Mil) to Dec. 2021 (₩483 Mil) but then increased from Dec. 2021 (₩483 Mil) to Dec. 2022 (₩1,085 Mil).

Ycchem Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Ycchem 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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Ycchem Co Long-Term Capital Lease Obligation Chart

Ycchem Co Annual Data

Trend

Dec20

Dec21

Dec22

Long-Term Capital Lease Obligation

656.62

482.61

1,085.28

Ycchem Co Quarterly Data
	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial							985.27	1,063.42	976.66	1,240.40	1,223.73

Ycchem Co (XKRX:112290) 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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Ycchem Co (XKRX:112290) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Ycchem Co Ltd (XKRX:112290) » Definitions » Long-Term Capital Lease Obligation

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Traded in Other Exchanges

N/A

Address

174-12, Yuseori-gil, Seonnam-myeon, Gyeongsangbuk-do, Seongju-gun, KOR

Website

http://www.ycchem.co.kr

Ycchem Co Ltd is a developer and producer of chemical materials that it supplies to the semiconductor, display, and eco-friendly energy industries. Its products comprise of Wafering, Chemical Mechanical Planarization, Rinsing Solution, Etchant, among others.

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