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Atum Co (XKRX:355690) Long-Term Capital Lease Obligation : ₩1,615 Mil (As of Sep. 2024)


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What is Atum Co Long-Term Capital Lease Obligation?

Atum Co's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₩1,615 Mil.

Atum Co's quarterly Long-Term Capital Lease Obligation declined from Mar. 2024 (₩451 Mil) to Jun. 2024 (₩338 Mil) but then increased from Jun. 2024 (₩338 Mil) to Sep. 2024 (₩1,615 Mil).

Atum Co's annual Long-Term Capital Lease Obligation declined from Jun. 2022 (₩595 Mil) to Jun. 2023 (₩568 Mil) and declined from Jun. 2023 (₩568 Mil) to Jun. 2024 (₩338 Mil).


Atum Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Atum 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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Atum Co Long-Term Capital Lease Obligation Chart

Atum Co Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial 1,074.79 928.46 595.20 568.03 338.07

Atum Co Quarterly Data
Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Long-Term Capital Lease Obligation Get a 7-Day Free Trial Premium Member Only 456.66 499.22 450.68 338.07 1,615.16

Atum Co  (XKRX:355690) 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.

Atum Co Long-Term Capital Lease Obligation Related Terms

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Atum Co Business Description

Industry
Comparable Companies
Traded in Other Exchanges
N/A
Address
19-15, Byeolmang-ro, 677 beon-gil, Danwon-gu, Ansan-si, Gyeonggi-do, KOR, 15437
Atum Co Ltd is engaged in manufacturing miniaturized, high-efficiency, high-output transformers and key components based on the core technology of specialized flat transformers and provides comprehensive solutions related thereto.

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