Ring Net Co (XKRX:042500) Short-Term Capital Lease Obligation : ₩132 Mil (As of Mar. 2024)

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What is Ring Net Co Short-Term Capital Lease Obligation?

Ring Net Co's Short-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩132 Mil.

Ring Net Co's quarterly Short-Term Capital Lease Obligation declined from Sep. 2023 (₩181 Mil) to Dec. 2023 (₩173 Mil) and declined from Dec. 2023 (₩173 Mil) to Mar. 2024 (₩132 Mil).

Ring Net Co's annual Short-Term Capital Lease Obligation declined from Dec. 2021 (₩130 Mil) to Dec. 2022 (₩36 Mil) but then increased from Dec. 2022 (₩36 Mil) to Dec. 2023 (₩173 Mil).

Ring Net Co Short-Term Capital Lease Obligation Historical Data

The historical data trend for Ring Net Co's Short-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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Ring Net Co Short-Term Capital Lease Obligation Chart

Ring Net Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Short-Term Capital Lease Obligation

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349.30

461.51

129.86

35.65

172.98

Ring Net Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Short-Term Capital Lease Obligation	Get a 7-Day Free Trial															171.85	173.59	181.16	172.98	131.54

Ring Net Co Short-Term Capital Lease Obligation Explanation

Short-Term Capital Lease Obligation represents the total amount of Long-Term Capital Lease Obligation that must be paid within the next accounting period. Capital lease obligations are contractual obligations that arise from obtaining the use of property or equipment via a capital lease contract.

Ring Net Co Short-Term Capital Lease Obligation Related Terms

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Ring Net Co (XKRX:042500) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Ring Net Co Ltd (XKRX:042500) » Definitions » Short-Term Capital Lease Obligation

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Traded in Other Exchanges

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Address

No. 27, No. 409, Samsung IT Valley, 4th Floor, Guro-gu, Seoul, KOR

Website

http://www.ringnet.co.kr

Ring Net Co Ltd is a specialized ICT service company. It offers solutions in the business areas of Network integration, System integration, Advanced service, Cloud, Collaboration and Security. System integration establishes an optimum information system through convergence and integration of complex IT resources; Network Integration relates to building network architecture and optimizing network infrastructure; Advanced Service provides services according to IT life cycle for consulting, construction, maintenance, and optimization; Cloud service provides virtualization, server and storage solutions for cloud computing environments; Collaboration covers IT telephony, unified communication, video conference and CCTV solution; and Security area provides security solutions.

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