SECOM Co (SECOM Co) Long-Term Capital Lease Obligation : $157 Mil (As of Dec. 2023)

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

What is SECOM Co Long-Term Capital Lease Obligation?

SECOM Co's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $157 Mil.

SECOM Co's quarterly Long-Term Capital Lease Obligation declined from Jun. 2023 ($105 Mil) to Sep. 2023 ($101 Mil) but then increased from Sep. 2023 ($101 Mil) to Dec. 2023 ($157 Mil).

SECOM Co's annual Long-Term Capital Lease Obligation increased from Mar. 2021 ($118 Mil) to Mar. 2022 ($127 Mil) but then declined from Mar. 2022 ($127 Mil) to Mar. 2023 ($110 Mil).

SECOM Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for SECOM 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.

SECOM Co Long-Term Capital Lease Obligation Chart

SECOM Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

107.61

110.20

118.25

127.15

109.66

SECOM Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															110.51	109.66	105.14	101.07	156.51

SECOM Co (OTCPK:SOMLY) 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.

SECOM Co Long-Term Capital Lease Obligation Related Terms

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

SECOM Co (SECOM Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » SECOM Co Ltd (OTCPK:SOMLY) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

SOMLF:USA 9735:Japan XSC:Germany

Address

5-1, Jingumae 1-chome, Shibuya-ku, Tokyo, JPN, 150-0001

Website

http://www.secom.co.jp

SECOM Co Ltd is a provider of security services and surveillance systems. The company operates seven business segments: security services, fire protection services, medical services, insurance services, geographic information services, information- and communication-related services, and real estate and other services. The largest segment by revenue, security services, offers electronic security services and systems, including online commercial and home security systems and large-scale surveillance services. Other segments offer fire protection and detection services, as well as medical dispensing services for home care and hospitals. The company generates most of its revenue in Japan.

SECOM Co (SECOM Co) Headlines

From GuruFocus

SECOM Co Stock Is Believed To Be Modestly Undervalued

By GF Value GF Value • 04-28-2021

First Eagle Comments on Secom

By Sydnee Gatewood Sydnee Gatewood • 04-21-2021

First Eagle Global Value Fund Comments on Secom

By Sydnee Gatewood Sydnee Gatewood • 10-24-2019

First Eagle Comments on Secom

By Sydnee Gatewood • 07-27-2021