Secucen Co (XKRX:232830) Long-Term Capital Lease Obligation : ₩43 Mil (As of Mar. 2024)

View and export this data going back to 2016. Start your Free Trial

What is Secucen Co Long-Term Capital Lease Obligation?

Secucen Co's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩43 Mil.

Secucen Co's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (₩93 Mil) to Dec. 2023 (₩47 Mil) and declined from Dec. 2023 (₩47 Mil) to Mar. 2024 (₩43 Mil).

Secucen Co's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (₩17 Mil) to Dec. 2022 (₩190 Mil) but then declined from Dec. 2022 (₩190 Mil) to Dec. 2023 (₩47 Mil).

Secucen Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Secucen 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.

Secucen Co Long-Term Capital Lease Obligation Chart

Secucen 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

47.38

50.88

16.53

190.34

47.19

Secucen Co Quarterly Data
	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial				139.91	116.85	92.76	47.19	42.70

Secucen Co (XKRX:232830) 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.

Secucen Co Long-Term Capital Lease Obligation Related Terms

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

Secucen Co (XKRX:232830) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Secucen Co Ltd (XKRX:232830) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

Banpo Road, 13th Aittsen Building, 2nd floor, Seocho-gu, Seoul, KOR, 02 841

Website

http://www.secucen.com

Secucen Co Ltd is an IT services company providing security solutions, electronic signature services, mobile security services and integrated security platform. Its security solutions services include providing encryption solution, financial transactions detection solution, tamper-proof solutions through different apps like Barun AppIron, Barun FDS, and Edge DB.

Secucen Co (XKRX:232830) Headlines

No Headlines