GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » HLB Science Inc (XKRX:343090) » Definitions » Long-Term Capital Lease Obligation

HLB Science (XKRX:343090) Long-Term Capital Lease Obligation : ₩0.00 Mil (As of . 20)


View and export this data going back to 2020. Start your Free Trial

What is HLB Science Long-Term Capital Lease Obligation?

HLB Science's Long-Term Capital Lease Obligation for the quarter that ended in . 20 was ₩0.00 Mil.

HLB Science's annual Long-Term Capital Lease Obligation increased from . 20 (₩0.00 Mil) to Dec. 2022 (₩1.27 Mil) and increased from Dec. 2022 (₩1.27 Mil) to Dec. 2023 (₩3.93 Mil).


HLB Science Long-Term Capital Lease Obligation Historical Data

The historical data trend for HLB Science'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.

HLB Science Long-Term Capital Lease Obligation Chart

HLB Science Annual Data
Trend Dec22 Dec23
Long-Term Capital Lease Obligation
1.27 3.93

HLB Science Quarterly Data
Long-Term Capital Lease Obligation

HLB Science  (XKRX:343090) 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.

HLB Science Long-Term Capital Lease Obligation Related Terms

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


HLB Science (XKRX:343090) Business Description

Industry
Traded in Other Exchanges
N/A
Address
66, Achasan-ro, 6th Floor, Seongdong-gu, Seoul, KOR
HLB Science Inc develops biological new drugs to treat infectious diseases. Its product pipelines includes DD-S052P, DD-A279, and DD-A514.

HLB Science (XKRX:343090) Headlines

No Headlines