GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » ContentreeJoongAng Corp (XKRX:036420) » Definitions » Long-Term Capital Lease Obligation

ContentreeJoongAng (XKRX:036420) Long-Term Capital Lease Obligation : ₩273,809 Mil (As of Mar. 2024)


View and export this data going back to 2000. Start your Free Trial

What is ContentreeJoongAng Long-Term Capital Lease Obligation?

ContentreeJoongAng's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩273,809 Mil.

ContentreeJoongAng's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (₩310,599 Mil) to Dec. 2023 (₩274,848 Mil) and declined from Dec. 2023 (₩274,848 Mil) to Mar. 2024 (₩273,809 Mil).

ContentreeJoongAng's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (₩325,029 Mil) to Dec. 2022 (₩328,832 Mil) but then declined from Dec. 2022 (₩328,832 Mil) to Dec. 2023 (₩274,848 Mil).


ContentreeJoongAng Long-Term Capital Lease Obligation Historical Data

The historical data trend for ContentreeJoongAng'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.

ContentreeJoongAng Long-Term Capital Lease Obligation Chart

ContentreeJoongAng 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 298,712.21 320,902.09 325,029.11 328,832.45 274,847.75

ContentreeJoongAng 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 320,886.28 315,770.67 310,599.10 274,847.75 273,809.37

ContentreeJoongAng  (XKRX:036420) 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.

ContentreeJoongAng Long-Term Capital Lease Obligation Related Terms

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


ContentreeJoongAng (XKRX:036420) Business Description

Traded in Other Exchanges
N/A
Address
441 Joongrim-Dong, Media Center, Jung-gu, Seoul, KOR, 100-759
ContentreeJoongAng Corp publishes magazines, operates movie theaters and produces soap operas. However, most of the company's profit comes from sales of magazines.

ContentreeJoongAng (XKRX:036420) Headlines

No Headlines