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One4u Co (XKRX:122830) Long-Term Capital Lease Obligation : ₩0 Mil (As of Jun. 2024)


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What is One4u Co Long-Term Capital Lease Obligation?

One4u Co's Long-Term Capital Lease Obligation for the quarter that ended in Jun. 2024 was ₩0 Mil.


One4u Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for One4u 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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One4u Co Long-Term Capital Lease Obligation Chart

One4u Co Annual Data
Trend Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
- - -

One4u Co Quarterly Data
Mar23 Jun23 Mar24 Jun24
Long-Term Capital Lease Obligation - - - -

One4u Co  (XKRX:122830) 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.

One4u Co Long-Term Capital Lease Obligation Related Terms

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One4u Co Business Description

Traded in Other Exchanges
N/A
Address
222 Dogok-ro, Gangnam-gu, 5th Floor, Wonpoyou Building, Seoul, KOR, 06272
One4u Co Ltd is engaged in the telecommunication business. The company business areas include smart public phones and smart interview which are used in military units, police offices, and residential schools to provide communication as well as video calls and free texts.

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