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Keisei Electric Railway Co (Keisei Electric Railway Co) Long-Term Capital Lease Obligation : $138 Mil (As of Dec. 2023)


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What is Keisei Electric Railway Co Long-Term Capital Lease Obligation?

Keisei Electric Railway Co's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $138 Mil.

Keisei Electric Railway Co's quarterly Long-Term Capital Lease Obligation declined from Jun. 2023 ($143 Mil) to Sep. 2023 ($134 Mil) but then increased from Sep. 2023 ($134 Mil) to Dec. 2023 ($138 Mil).

Keisei Electric Railway Co's annual Long-Term Capital Lease Obligation declined from Mar. 2022 ($193 Mil) to Mar. 2023 ($149 Mil) and declined from Mar. 2023 ($149 Mil) to Mar. 2024 ($133 Mil).


Keisei Electric Railway Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Keisei Electric Railway 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.

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Keisei Electric Railway Co Long-Term Capital Lease Obligation Chart

Keisei Electric Railway Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 249.96 229.50 192.62 149.36 133.21

Keisei Electric Railway 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 149.36 143.23 134.15 138.16 133.21

Keisei Electric Railway Co  (OTCPK:KELRF) 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.

Keisei Electric Railway Co Long-Term Capital Lease Obligation Related Terms

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Keisei Electric Railway Co (Keisei Electric Railway Co) Business Description

Traded in Other Exchanges
Address
3-1-8 Yahata 3-chome, Ichikawa, Chiba, JPN, 272-8510
Keisei Electric Railway is a Japanese company that operates railways in Japan. The company's three largest segments are transportation, distribution, and real estate management. The transportation segment offers passenger transportation services by rail, bus and taxi, and it contributes the majority of revenue. The distribution segment is engaged in operating department stores, shopping centers, and other retail stores. The company derives revenue from real estate activities such as leasing and selling its properties. It also generates additional revenue from activities ranging from real estate construction, operation of restaurants, hotels and leisure sites to car maintenance services.

Keisei Electric Railway Co (Keisei Electric Railway Co) Headlines

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