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Genome (XKRX:314130) Long-Term Capital Lease Obligation : ₩3,764 Mil (As of Dec. 2023)


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What is Genome Long-Term Capital Lease Obligation?

Genome's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₩3,764 Mil.

Genome's quarterly Long-Term Capital Lease Obligation declined from Jun. 2023 (₩4,433 Mil) to Sep. 2023 (₩4,294 Mil) and declined from Sep. 2023 (₩4,294 Mil) to Dec. 2023 (₩3,764 Mil).

Genome's annual Long-Term Capital Lease Obligation increased from Dec. 2020 (₩1,179 Mil) to Dec. 2021 (₩5,243 Mil) but then declined from Dec. 2021 (₩5,243 Mil) to Dec. 2022 (₩4,267 Mil).


Genome Long-Term Capital Lease Obligation Historical Data

The historical data trend for Genome'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.

Genome Long-Term Capital Lease Obligation Chart

Genome Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22
Long-Term Capital Lease Obligation
40.73 1,131.65 1,178.98 5,242.62 4,267.48

Genome Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 4,267.48 4,661.86 4,433.45 4,294.42 3,764.05

Genome  (XKRX:314130) 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.

Genome Long-Term Capital Lease Obligation Related Terms

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Genome (XKRX:314130) Business Description

Industry
Traded in Other Exchanges
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Address
Innovalley A-801, Pangyo-ro 253, Bundang-gu, Gyeonggi-do, Seongnam-si, KOR, 13486
Genome & Co is a Korean company engaged in researching and developing dietary supplements, cosmeceuticals, and new drugs. Its products pipeline includes immunooncology therapeutic supplement for treatment of immuno-oncology, lung cancer, colorectal cancer, stomach cancer, breast cancer, pancreatic cancer; dietary supplements for treating obesity and diabetes; cosmetics used for acne and atopic dermatitis; and also produces In Virto fertilization medicine.

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