Kumyang Green Power Co (XKRX:282720) Long-Term Capital Lease Obligation : ₩212 Mil (As of Mar. 2025)

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What is Kumyang Green Power Co Long-Term Capital Lease Obligation?

Kumyang Green Power Co's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was ₩212 Mil.

Kumyang Green Power Co's quarterly Long-Term Capital Lease Obligation declined from Sep. 2024 (₩413 Mil) to Dec. 2024 (₩297 Mil) and declined from Dec. 2024 (₩297 Mil) to Mar. 2025 (₩212 Mil).

Kumyang Green Power Co's annual Long-Term Capital Lease Obligation increased from Dec. 2022 (₩764 Mil) to Dec. 2023 (₩775 Mil) but then declined from Dec. 2023 (₩775 Mil) to Dec. 2024 (₩297 Mil).

Kumyang Green Power Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Kumyang Green Power 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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Kumyang Green Power Co Long-Term Capital Lease Obligation Chart

Kumyang Green Power Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Long-Term Capital Lease Obligation

853.18

678.10

764.21

775.30

296.87

Kumyang Green Power Co Quarterly Data
	Dec20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial										639.47	531.71	412.81	296.87	212.29

Kumyang Green Power Co (XKRX:282720) 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.

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Kumyang Green Power Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Kumyang Green Power Co Ltd (XKRX:282720) » Definitions » Long-Term Capital Lease Obligation

Traded in Other Exchanges

N/A

Address

257, Samsanno, 7th Floor, Keumyang Building, Nam-gu, Ulsan, KOR

Website

http://www.kygp.co.kr

Kumyang Green Power Co Ltd engages in renewable energy development projects. It operates in electrical construction that engages in electricity, instrumentation, civil engineering, and construction.

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