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Rapeech Co (XKRX:403360) Long-Term Capital Lease Obligation : ₩404 Mil (As of Dec. 2024)


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What is Rapeech Co Long-Term Capital Lease Obligation?

Rapeech Co's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2024 was ₩404 Mil.

Rapeech Co's quarterly Long-Term Capital Lease Obligation declined from Dec. 2023 (₩100 Mil) to Jun. 2024 (₩56 Mil) but then increased from Jun. 2024 (₩56 Mil) to Dec. 2024 (₩404 Mil).

Rapeech Co's annual Long-Term Capital Lease Obligation declined from Dec. 2022 (₩186 Mil) to Dec. 2023 (₩100 Mil) but then increased from Dec. 2023 (₩100 Mil) to Dec. 2024 (₩404 Mil).


Rapeech Co Long-Term Capital Lease Obligation Historical Data

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

Rapeech Co Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Long-Term Capital Lease Obligation
37.88 186.16 100.24 404.41

Rapeech Co Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Long-Term Capital Lease Obligation Get a 7-Day Free Trial 186.16 161.45 100.24 56.02 404.41

Rapeech Co  (XKRX:403360) 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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Rapeech Co Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Rapeech Co Ltd (XKRX:403360) » Definitions » Long-Term Capital Lease Obligation
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Address
6, Dogok-ro 8-gil, 3th Floor, Jiho Building, Gangnam-gu, Seoul, KOR, 06259
Rapeech Co Ltd formerly Yespeech Co Ltd specializes in artificial intelligence voice technology.

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