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Intumit (ROCO:7547) Long-Term Capital Lease Obligation : NT$4.3 Mil (As of Dec. 2023)


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What is Intumit Long-Term Capital Lease Obligation?

Intumit's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was NT$4.3 Mil.

Intumit's quarterly Long-Term Capital Lease Obligation declined from Dec. 2022 (NT$5.9 Mil) to Jun. 2023 (NT$5.0 Mil) and declined from Jun. 2023 (NT$5.0 Mil) to Dec. 2023 (NT$4.3 Mil).

Intumit's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (NT$1.5 Mil) to Dec. 2022 (NT$5.9 Mil) but then declined from Dec. 2022 (NT$5.9 Mil) to Dec. 2023 (NT$4.3 Mil).


Intumit Long-Term Capital Lease Obligation Historical Data

The historical data trend for Intumit'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.

Intumit Long-Term Capital Lease Obligation Chart

Intumit Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial 10.01 8.14 1.50 5.88 4.33

Intumit Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Long-Term Capital Lease Obligation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.50 7.04 5.88 4.96 4.33

Intumit  (ROCO:7547) 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.

Intumit Long-Term Capital Lease Obligation Related Terms

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Intumit (ROCO:7547) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Intumit Inc (ROCO:7547) » Definitions » Long-Term Capital Lease Obligation
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Address
No. 86, Section 1, Beixin Road, 20th Floor-3, Xindian District, Taipei, TWN
Intumit Inc provides artificial intelligence-based software products and services. The company's business projects include electronic information supply services, information software wholesale and retail, and computer equipment installation, etc.

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