GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Inventage Lab Inc (XKRX:389470) » Definitions » Long-Term Capital Lease Obligation

Inventage Lab (XKRX:389470) Long-Term Capital Lease Obligation : ₩0.0 Mil (As of Mar. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Inventage Lab Long-Term Capital Lease Obligation?

Inventage Lab's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩0.0 Mil.

Inventage Lab's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (₩4,679.6 Mil) to Dec. 2023 (₩4,578.7 Mil) and declined from Dec. 2023 (₩4,578.7 Mil) to Mar. 2024 (₩0.0 Mil).

Inventage Lab's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (₩2,757.6 Mil) to Dec. 2022 (₩1,730.0 Mil) but then increased from Dec. 2022 (₩1,730.0 Mil) to Dec. 2023 (₩4,578.7 Mil).


Inventage Lab Long-Term Capital Lease Obligation Historical Data

The historical data trend for Inventage Lab'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.

Inventage Lab Long-Term Capital Lease Obligation Chart

Inventage Lab Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
2,109.93 2,295.03 2,757.58 1,730.03 4,578.70

Inventage Lab Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Long-Term Capital Lease Obligation Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,457.44 1,027.18 4,679.56 4,578.70 -

Inventage Lab  (XKRX:389470) 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.

Inventage Lab Long-Term Capital Lease Obligation Related Terms

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


Inventage Lab (XKRX:389470) Business Description

Industry
Traded in Other Exchanges
N/A
Address
24, Dunchon-daero 388 beon-gil, 612, Woolim Lions Valley 3, Jungwon-gu, Gyeonggi-do, Seongnam-si, KOR, 13403
Inventage Lab Inc operates medical technology development businesses. It engages in the development of an innovative Drug Delivery System (DDS). It has developed Laminar FluiDigm, a microfluidics-based novel platform technology that builds the foundation for IVL- DrugFluidic and IVL-GeneFluidic, which are specific platform technologies used for developing and manufacturing long-acting injectables and gene-delivery therapeutics.

Inventage Lab (XKRX:389470) Headlines

No Headlines