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HD Hyundai Construction Equipment (XKRX:267270) Long-Term Capital Lease Obligation : ₩15,481 Mil (As of Mar. 2024)


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What is HD Hyundai Construction Equipment Long-Term Capital Lease Obligation?

HD Hyundai Construction Equipment's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩15,481 Mil.

HD Hyundai Construction Equipment's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (₩18,384 Mil) to Dec. 2023 (₩16,114 Mil) and declined from Dec. 2023 (₩16,114 Mil) to Mar. 2024 (₩15,481 Mil).

HD Hyundai Construction Equipment's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (₩8,834 Mil) to Dec. 2022 (₩20,188 Mil) but then declined from Dec. 2022 (₩20,188 Mil) to Dec. 2023 (₩16,114 Mil).


HD Hyundai Construction Equipment Long-Term Capital Lease Obligation Historical Data

The historical data trend for HD Hyundai Construction Equipment'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.

HD Hyundai Construction Equipment Long-Term Capital Lease Obligation Chart

HD Hyundai Construction Equipment Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial 15,584.24 13,087.42 8,833.98 20,187.85 16,114.18

HD Hyundai Construction Equipment 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 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 Premium Member Only Premium Member Only 18,841.10 20,488.75 18,383.91 16,114.18 15,481.48

HD Hyundai Construction Equipment  (XKRX:267270) 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.

HD Hyundai Construction Equipment Long-Term Capital Lease Obligation Related Terms

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HD Hyundai Construction Equipment (XKRX:267270) Business Description

Traded in Other Exchanges
N/A
Address
75, Yulgok-ro, Jongno-gu, Seoul, KOR
HD Hyundai Construction Equipment is a specialized construction equipment manufacturer that covers construction equipment and material handling such as excavators, wheel loaders, backhoe loaders and skid loaders.

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