Chicony Electronics Co (TPE:2385) Long-Term Capital Lease Obligation : NT$85 Mil (As of Mar. 2024)

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What is Chicony Electronics Co Long-Term Capital Lease Obligation?

Chicony Electronics Co's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$85 Mil.

Chicony Electronics Co's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (NT$138 Mil) to Dec. 2023 (NT$107 Mil) and declined from Dec. 2023 (NT$107 Mil) to Mar. 2024 (NT$85 Mil).

Chicony Electronics Co's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (NT$273 Mil) to Dec. 2022 (NT$181 Mil) and declined from Dec. 2022 (NT$181 Mil) to Dec. 2023 (NT$107 Mil).

Chicony Electronics Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Chicony Electronics 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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Chicony Electronics Co Long-Term Capital Lease Obligation Chart

Chicony Electronics Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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365.70

339.01

273.31

180.59

106.68

Chicony Electronics 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															192.62	160.08	137.92	106.68	85.05

Chicony Electronics Co (TPE:2385) 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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Chicony Electronics Co (TPE:2385) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Chicony Electronics Co Ltd (TPE:2385) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

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Address

No. 69, Guangfu Road, Section 2, Sanchong District, New Taipei, TWN, 24158

Website

https://www.chicony.com.tw

Chicony Electronics Co Ltd is engaged in the manufacturing and sales of keyboards and other computer peripheral components. The company has manufacturing bases in Suzhou, Dongguan, Chongqing in China and in the Czech Republic. The company also has branches in the United States and Japan. Its business centers around the manufacture of computer peripheral products and video-image products. The four major product lines are input devices, portable keyboard modules, visual and image products as well as camera lens modules, keyboards, Internet cameras and Notebook camera modules. The sales of sports video-recorders and external tablet keyboards have also been growing.

Chicony Electronics Co (TPE:2385) Headlines

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