Grand Korea Leisure Co (XKRX:114090) Long-Term Capital Lease Obligation : ₩49,380 Mil (As of Mar. 2024)

View and export this data going back to 2009. Start your Free Trial

What is Grand Korea Leisure Co Long-Term Capital Lease Obligation?

Grand Korea Leisure Co's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩49,380 Mil.

Grand Korea Leisure Co's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (₩60,131 Mil) to Dec. 2023 (₩54,479 Mil) and declined from Dec. 2023 (₩54,479 Mil) to Mar. 2024 (₩49,380 Mil).

Grand Korea Leisure Co's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (₩37,118 Mil) to Dec. 2022 (₩65,957 Mil) but then declined from Dec. 2022 (₩65,957 Mil) to Dec. 2023 (₩54,479 Mil).

Grand Korea Leisure Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Grand Korea Leisure 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.

Grand Korea Leisure Co Long-Term Capital Lease Obligation Chart

Grand Korea Leisure 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

76,493.33

62,202.47

37,117.83

65,957.13

54,479.16

Grand Korea Leisure 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															63,208.52	60,950.18	60,130.77	54,479.16	49,379.90

Grand Korea Leisure Co (XKRX:114090) 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.

Grand Korea Leisure Co Long-Term Capital Lease Obligation Related Terms

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

Grand Korea Leisure Co (XKRX:114090) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Grand Korea Leisure Co Ltd (XKRX:114090) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

GKL, 610, Samseong-ro, Gangnam-gu, Seoul, KOR

Website

http://www.grandkorea.com

Grand Korea Leisure Co Ltd is involved in the operation of casino. The firm operates seven luck casino which is exclusive to foreigners. The company generates revenue from casino operations to invest in building tourism-related infrastructures and public projects.

Grand Korea Leisure Co (XKRX:114090) Headlines

No Headlines