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Temc Co (XKRX:425040) Long-Term Capital Lease Obligation : ₩1,583 Mil (As of Sep. 2024)


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What is Temc Co Long-Term Capital Lease Obligation?

Temc Co's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₩1,583 Mil.

Temc Co's quarterly Long-Term Capital Lease Obligation declined from Mar. 2024 (₩2,488 Mil) to Jun. 2024 (₩2,140 Mil) and declined from Jun. 2024 (₩2,140 Mil) to Sep. 2024 (₩1,583 Mil).

Temc Co's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (₩243 Mil) to Dec. 2022 (₩472 Mil) and increased from Dec. 2022 (₩472 Mil) to Dec. 2023 (₩3,030 Mil).


Temc Co Long-Term Capital Lease Obligation Historical Data

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

Temc Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
152.65 242.96 472.06 3,029.91

Temc Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 475.70 3,029.91 2,488.35 2,140.17 1,582.81

Temc Co  (XKRX:425040) 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.

Temc Co Long-Term Capital Lease Obligation Related Terms

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Temc Co Business Description

Industry
Traded in Other Exchanges
N/A
Address
Nambu-ro, Samseung-myeon, Boeun-gun, Chungbuk, KOR
Temc Co Ltd is a specialized materials company that manufactures and handles specialty gas and medical gas used in semiconductor and display processes.

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