SG Micro (SZSE:300661) Long-Term Capital Lease Obligation : ¥29 Mil (As of Mar. 2024)

View and export this data going back to 2017. Start your Free Trial

What is SG Micro Long-Term Capital Lease Obligation?

SG Micro's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥29 Mil.

SG Micro's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (¥31 Mil) to Dec. 2023 (¥27 Mil) but then increased from Dec. 2023 (¥27 Mil) to Mar. 2024 (¥29 Mil).

SG Micro's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (¥39 Mil) to Dec. 2022 (¥37 Mil) and declined from Dec. 2022 (¥37 Mil) to Dec. 2023 (¥27 Mil).

SG Micro Long-Term Capital Lease Obligation Historical Data

The historical data trend for SG Micro'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.

SG Micro Long-Term Capital Lease Obligation Chart

SG Micro Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

14.72

39.05

36.53

26.99

SG Micro 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															34.51	30.26	30.61	26.99	29.13

SG Micro (SZSE:300661) 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.

SG Micro Long-Term Capital Lease Obligation Related Terms

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

SG Micro (SZSE:300661) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » SG Micro Corp (SZSE:300661) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 87 North Xisanhuan Road, IFEC, Suite C-1301, 13th Floor, Haidian District, Beijing, CHN, 100089

Website

http://www.sg-micro.com

SG Micro Corp is a Chinese company engaged in the design, marketing and selling integrated circuit. Its products are used in cell phone, television, DVD player, digital camera, notebook computer, consumer electronics, automobile electronics, industrial automation, and medical device. The product portfolio of the company includes comparators, headphone drivers, audio drivers, video drivers, analog switches, complex switches, load switches, LED drivers, Li-on battery chargers, and other products.

Executives

Lin Lin	Director
Lin Ming An	Executives
Zhang Qin	Directors, Directors, and Executives

SG Micro (SZSE:300661) Headlines

No Headlines