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Sungeel Hitech Co (XKRX:365340) Long-Term Capital Lease Obligation : ₩2,476 Mil (As of Mar. 2025)


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What is Sungeel Hitech Co Long-Term Capital Lease Obligation?

Sungeel Hitech Co's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was ₩2,476 Mil.

Sungeel Hitech Co's quarterly Long-Term Capital Lease Obligation declined from Sep. 2024 (₩2,749 Mil) to Dec. 2024 (₩2,558 Mil) and declined from Dec. 2024 (₩2,558 Mil) to Mar. 2025 (₩2,476 Mil).

Sungeel Hitech Co's annual Long-Term Capital Lease Obligation declined from Dec. 2022 (₩2,894 Mil) to Dec. 2023 (₩2,890 Mil) and declined from Dec. 2023 (₩2,890 Mil) to Dec. 2024 (₩2,558 Mil).


Sungeel Hitech Co Long-Term Capital Lease Obligation Historical Data

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

Sungeel Hitech Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial 227.81 273.99 2,894.27 2,890.18 2,557.52

Sungeel Hitech Co Quarterly Data
Dec19 Dec20 Mar21 Sep21 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 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 Premium Member Only 2,792.62 2,913.24 2,748.51 2,557.52 2,476.11

Sungeel Hitech Co  (XKRX:365340) 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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Sungeel Hitech Co Business Description

Traded in Other Exchanges
N/A
Address
143-12, Gunsansandan-ro, Jeollabuk-do, Bieungdo-dong, Gunsan-si, KOR
Sungeel Hitech Co Ltd operates as a battery recycling company. The company provides lithium-ion battery recycling, sustainable rechargeable battery recycling, waste batteries full circulatory recycling, and circulation services. It also engages in producing high-purity battery materials such as nickel, cobalt, lithium, and others from the battery powder.

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