GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Sharp Corp (OTCPK:SHCAY) » Definitions » Long-Term Capital Lease Obligation

Sharp (SHCAY) Long-Term Capital Lease Obligation : $0 Mil (As of Mar. 2024)


View and export this data going back to 1995. Start your Free Trial

What is Sharp Long-Term Capital Lease Obligation?

Sharp's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0 Mil.


Sharp Long-Term Capital Lease Obligation Historical Data

The historical data trend for Sharp'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.

Sharp Long-Term Capital Lease Obligation Chart

Sharp Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Sharp 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 - - - - -

Sharp  (OTCPK:SHCAY) 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.

Sharp Long-Term Capital Lease Obligation Related Terms

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


Sharp (SHCAY) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Sharp Corp (OTCPK:SHCAY) » Definitions » Long-Term Capital Lease Obligation
Traded in Other Exchanges
Address
1 Takumi-machi, Sakai-ku, Sakai-shi, Osaka, JPN, 590-8522
Sharp Corp is a Japan-based company that is principally engaged in producing and selling a broad range of consumer and industrial electronic products. The company's business segments consist of the consumer electronics segment, the energy solutions segment, the business solutions segment, the electronic components and devices segment, and the display devices segment. The company generates over half of its revenue from the consumer electronics segment and the display devices segment. It has a global business presence, with China, Japan, the Americas, and Europe its four largest markets.

Sharp (SHCAY) Headlines

From GuruFocus

SHARP Intends To Downsize Capital Rather Sharply

By Business Reports Business Reports 05-12-2015