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CP System Co (XKRX:413630) Long-Term Capital Lease Obligation : ₩165 Mil (As of Jun. 2024)


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What is CP System Co Long-Term Capital Lease Obligation?

CP System Co's Long-Term Capital Lease Obligation for the quarter that ended in Jun. 2024 was ₩165 Mil.

CP System Co's quarterly Long-Term Capital Lease Obligation stayed the same from Dec. 2023 (₩0 Mil) to Mar. 2024 (₩0 Mil) but then increased from Mar. 2024 (₩0 Mil) to Jun. 2024 (₩165 Mil).


CP System Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for CP System 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.

* Premium members only.

CP System Co Long-Term Capital Lease Obligation Chart

CP System Co Annual Data
Trend Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
- - -

CP System Co Quarterly Data
Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Long-Term Capital Lease Obligation Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 164.76

CP System Co  (XKRX:413630) 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.

CP System Co Long-Term Capital Lease Obligation Related Terms

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CP System Co Business Description

Traded in Other Exchanges
N/A
Address
24, Gukjegeumyung-ro, Yeongdeungpo-gu, Seoul, KOR
Website
Eugene Special Purpose Acquisition 8 Co Ltd is a special purpose acquisition company.

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