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Daewoo Engineeringnstruction Co (XKRX:047040) Long-Term Capital Lease Obligation : ₩275,369 Mil (As of Mar. 2024)


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What is Daewoo Engineeringnstruction Co Long-Term Capital Lease Obligation?

Daewoo Engineeringnstruction Co's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩275,369 Mil.

Daewoo Engineeringnstruction Co's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (₩296,563 Mil) to Dec. 2023 (₩283,189 Mil) and declined from Dec. 2023 (₩283,189 Mil) to Mar. 2024 (₩275,369 Mil).

Daewoo Engineeringnstruction Co's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (₩369,426 Mil) to Dec. 2022 (₩325,170 Mil) and declined from Dec. 2022 (₩325,170 Mil) to Dec. 2023 (₩283,189 Mil).


Daewoo Engineeringnstruction Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Daewoo Engineeringnstruction 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.

* Premium members only.

Daewoo Engineeringnstruction Co Long-Term Capital Lease Obligation Chart

Daewoo Engineeringnstruction Co 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 442,360.74 409,157.48 369,426.20 325,169.83 283,189.38

Daewoo Engineeringnstruction Co 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 318,127.07 308,272.73 296,563.33 283,189.38 275,369.25

Daewoo Engineeringnstruction Co  (XKRX:047040) 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.

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Daewoo Engineeringnstruction Co (XKRX:047040) Business Description

Traded in Other Exchanges
N/A
Address
Sinmunno 1-ga, Daewoo E&C 57, Jongno-gu, Seoul, KOR, 110-713
Daewoo Engineering & Construction Co Ltd develops complex structures and buildings for various end markets. It operates four business divisions: Civil Project, Building Works, Plants, and Housing. The company constructs roads, bridges, railways, offices, factories, apartments, and various power plants. It works in various stages of the construction process and will partner with developers to meet clients' needs. Many of the projects are highly technical with a lot of moving components, so planning and acquiring the right resources becomes an important part of the process. The majority of revenue is derived from Korea, but it will take orders for projects outside the country.

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