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Accton Technology (TPE:2345) Long-Term Capital Lease Obligation : NT$1,364 Mil (As of Mar. 2024)


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What is Accton Technology Long-Term Capital Lease Obligation?

Accton Technology's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$1,364 Mil.

Accton Technology's quarterly Long-Term Capital Lease Obligation increased from Sep. 2023 (NT$1,141 Mil) to Dec. 2023 (NT$1,381 Mil) but then declined from Dec. 2023 (NT$1,381 Mil) to Mar. 2024 (NT$1,364 Mil).

Accton Technology's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (NT$754 Mil) to Dec. 2022 (NT$1,167 Mil) and increased from Dec. 2022 (NT$1,167 Mil) to Dec. 2023 (NT$1,381 Mil).


Accton Technology Long-Term Capital Lease Obligation Historical Data

The historical data trend for Accton Technology'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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Accton Technology Long-Term Capital Lease Obligation Chart

Accton Technology Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 471.47 566.94 753.93 1,167.01 1,381.40

Accton Technology Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,138.73 1,149.15 1,141.33 1,381.40 1,363.51

Accton Technology  (TPE:2345) 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.

Accton Technology Long-Term Capital Lease Obligation Related Terms

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Accton Technology (TPE:2345) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 1, Creation 3rd Road, Hsinchu Science Park, East District, Hsinchu, TWN, 30077
Accton Technology Corp develops, manufactures and sells innovative high-quality products for computer network systems and wireless land area network (LAN) hardware and software products and renders related technical consulting and engineering design services. The products and services offered by the company is Switch, Network Application, Metro Access Switch, Other and Wireless. Roughly half of the firm's revenue is generated in the United States, with the rest coming from Taiwan, the rest of Asia, Europe, and other regions.

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