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GolfzonDeca (XKRX:183410) Long-Term Capital Lease Obligation : ₩0 Mil (As of Dec. 2022)


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What is GolfzonDeca Long-Term Capital Lease Obligation?

GolfzonDeca's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2022 was ₩0 Mil.

GolfzonDeca's quarterly Long-Term Capital Lease Obligation increased from Dec. 2020 (₩42 Mil) to Dec. 2021 (₩54 Mil) but then declined from Dec. 2021 (₩54 Mil) to Dec. 2022 (₩0 Mil).

GolfzonDeca's annual Long-Term Capital Lease Obligation increased from Dec. 2020 (₩42 Mil) to Dec. 2021 (₩54 Mil) but then declined from Dec. 2021 (₩54 Mil) to Dec. 2022 (₩0 Mil).


GolfzonDeca Long-Term Capital Lease Obligation Historical Data

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

GolfzonDeca Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial - 135.59 42.19 53.61 -

GolfzonDeca Semi-Annual Data
Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Long-Term Capital Lease Obligation Get a 7-Day Free Trial - 135.59 42.19 53.61 -

GolfzonDeca  (XKRX:183410) 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.

GolfzonDeca Long-Term Capital Lease Obligation Related Terms

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GolfzonDeca (XKRX:183410) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Gyeonggi yatap 98, Sindoricoh B / D 8 layers, Seongnam-Si, KOR
GolfzonDeca Inc is a GPS system manufacturer for golf. GolfBuddy is a registered trademark of the company. It offers golf rangefinder products of various categories including handheld, wearable, voice and laser. The products portfolio consists WTX PLUS, VTX, VOICEX, Voice X on wristband, VOICE2, WT6, LR7 and LR7S. The organization has business presence around the world.

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