GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Korchip Corp (XKRX:126730) » Definitions » Long-Term Capital Lease Obligation

Korchip (XKRX:126730) Long-Term Capital Lease Obligation : ₩954 Mil (As of Mar. 2025)


View and export this data going back to 2024. Start your Free Trial

What is Korchip Long-Term Capital Lease Obligation?

Korchip's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was ₩954 Mil.

Korchip's quarterly Long-Term Capital Lease Obligation increased from Sep. 2024 (₩630 Mil) to Dec. 2024 (₩1,076 Mil) but then declined from Dec. 2024 (₩1,076 Mil) to Mar. 2025 (₩954 Mil).

Korchip's annual Long-Term Capital Lease Obligation declined from Dec. 2022 (₩1,024 Mil) to Dec. 2023 (₩633 Mil) but then increased from Dec. 2023 (₩633 Mil) to Dec. 2024 (₩1,076 Mil).


Korchip Long-Term Capital Lease Obligation Historical Data

The historical data trend for Korchip'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.

Korchip Long-Term Capital Lease Obligation Chart

Korchip Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec21 Dec22 Dec23 Dec24
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 776.45 1,023.81 633.00 1,075.97

Korchip Quarterly Data
Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec21 Dec22 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 - 567.78 629.55 1,075.97 954.25

Korchip  (XKRX:126730) 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.

Korchip Long-Term Capital Lease Obligation Related Terms

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


Korchip Business Description

Industry
Traded in Other Exchanges
N/A
Address
359 Manan-ro, Manan-gu, Kochip Building, Gyeonggi-do, Anyang-dong, Anyang-si, KOR
Korchip Corp is a company that manufactures and sells carbon-based small and ultra-small secondary batteries among the carbon-based secondary batteries called supercapacitors. In addition, they sell MLCC (Multilayer Ceramic Capacitors, manufactured by Samsung Electro-Mechanics), known as the rice of the electronics industry.

Korchip Headlines

No Headlines