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Assems (XKRX:136410) Long-Term Capital Lease Obligation : ₩0 Mil (As of Mar. 2024)


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What is Assems Long-Term Capital Lease Obligation?

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

Assems's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (₩48 Mil) to Dec. 2023 (₩0 Mil) but then stayed the same from Dec. 2023 (₩0 Mil) to Mar. 2024 (₩0 Mil).

Assems's annual Long-Term Capital Lease Obligation increased from Dec. 2020 (₩20 Mil) to Dec. 2021 (₩374 Mil) but then declined from Dec. 2021 (₩374 Mil) to Dec. 2022 (₩186 Mil).


Assems Long-Term Capital Lease Obligation Historical Data

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

Assems Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22
Long-Term Capital Lease Obligation
- 93.49 19.56 373.86 186.48

Assems Quarterly Data
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 146.21 93.46 47.68 - -

Assems  (XKRX:136410) 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.

Assems Long-Term Capital Lease Obligation Related Terms

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Assems (XKRX:136410) Business Description

Industry
Traded in Other Exchanges
N/A
Address
31, Eulsukdo-daero 873 beon-gil, Saha-gu, Busan, KOR, 049446
Assems Inc is a manufacturer and supplier of hot-melt film adhesive in Korea.

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