Wanted Lab (XKRX:376980) Long-Term Capital Lease Obligation : ₩680 Mil (As of Mar. 2024)

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What is Wanted Lab Long-Term Capital Lease Obligation?

Wanted Lab's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩680 Mil.

Wanted Lab's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (₩1,259 Mil) to Dec. 2023 (₩1,032 Mil) and declined from Dec. 2023 (₩1,032 Mil) to Mar. 2024 (₩680 Mil).

Wanted Lab's annual Long-Term Capital Lease Obligation declined from Dec. 2020 (₩4,368 Mil) to Dec. 2021 (₩3,367 Mil) and declined from Dec. 2021 (₩3,367 Mil) to Dec. 2022 (₩2,244 Mil).

Wanted Lab Long-Term Capital Lease Obligation Historical Data

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

Wanted Lab Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Long-Term Capital Lease Obligation

131.16

4,367.63

3,366.58

2,244.13

Wanted Lab Quarterly Data
	Mar20	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											1,891.97	1,593.19	1,258.96	1,032.34	679.94

Wanted Lab (XKRX:376980) 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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Wanted Lab (XKRX:376980) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Wanted Lab Inc (XKRX:376980) » Definitions » Long-Term Capital Lease Obligation

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Traded in Other Exchanges

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Address

300 Olympic-ro, Lotte World Tower 35th Floor, Songpa-gu, Seoul, KOR

Website

https://www.wanted.co.kr

Wanted Lab Inc analyzes career big data and predicts admission with AI. It offers more personalized positions, content and training to accompany on your career journey.

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