Model Solution Co (XKRX:417970) Long-Term Capital Lease Obligation : ₩2,257 Mil (As of Mar. 2024)

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

What is Model Solution Co Long-Term Capital Lease Obligation?

Model Solution Co's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩2,257 Mil.

Model Solution Co's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (₩2,903 Mil) to Dec. 2023 (₩2,573 Mil) and declined from Dec. 2023 (₩2,573 Mil) to Mar. 2024 (₩2,257 Mil).

Model Solution Co's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (₩67 Mil) to Dec. 2022 (₩3,133 Mil) but then declined from Dec. 2022 (₩3,133 Mil) to Dec. 2023 (₩2,573 Mil).

Model Solution Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Model Solution 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.

Model Solution Co Long-Term Capital Lease Obligation Chart

Model Solution Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

111.67

66.91

3,132.58

2,572.82

Model Solution Co Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial							3,059.32	2,832.10	2,902.66	2,572.82	2,256.71

Model Solution Co (XKRX:417970) 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.

Model Solution Co Long-Term Capital Lease Obligation Related Terms

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

Model Solution Co (XKRX:417970) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Model Solution Co Ltd (XKRX:417970) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

24, Cherry Blossom-ro 20-gil, Geumcheon-gu, Seoul, KOR, 08582

Website

https://www.model-solution.com

Model Solution Co Ltd manufactures and supports prototypes of new products that incorporate cutting-edge technologies such as IT devices, electronic products, and medical/healthcare devices through a variety of solutions including rapid prototypes, precision machining, quick-turn tooling and molding.

Model Solution Co (XKRX:417970) Headlines

No Headlines