MediaZen (XKRX:279600) Long-Term Capital Lease Obligation : ₩339 Mil (As of Mar. 2024)

View and export this data going back to 2017. Start your Free Trial

What is MediaZen Long-Term Capital Lease Obligation?

MediaZen's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩339 Mil.

MediaZen's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (₩990 Mil) to Dec. 2023 (₩957 Mil) and declined from Dec. 2023 (₩957 Mil) to Mar. 2024 (₩339 Mil).

MediaZen's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (₩700 Mil) to Dec. 2022 (₩1,088 Mil) but then declined from Dec. 2022 (₩1,088 Mil) to Dec. 2023 (₩957 Mil).

MediaZen Long-Term Capital Lease Obligation Historical Data

The historical data trend for MediaZen'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.

MediaZen Long-Term Capital Lease Obligation Chart

MediaZen Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

860.67

824.25

700.41

1,087.57

956.87

MediaZen 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															1,060.24	941.81	990.10	956.87	339.05

MediaZen (XKRX:279600) 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.

MediaZen Long-Term Capital Lease Obligation Related Terms

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

MediaZen (XKRX:279600) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » MediaZen Inc (XKRX:279600) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

925, Seongnam-ro, Bundang-gu, Gyeonggi-do 41, 4th Floor, Yatop-dong, Fine Venture Building, Seongnam-si, KOR, 13496

Website

http://www.mediazen.co.kr

MediaZen Inc is engaged in providing voice recognition services to automobiles and other digital devices. The company offers end to end voice system integration. It includes embedded dialogue engine, server dialogue engine, voice processing, evaluation, tuning, usability test and benchmarking test, and applications like google voice local search app, siri app, and wearable device voice recognition.

MediaZen (XKRX:279600) Headlines

No Headlines