Ruentex Industries (TPE:2915) Long-Term Capital Lease Obligation : NT$41 Mil (As of Mar. 2024)

View and export this data going back to 1977. Start your Free Trial

What is Ruentex Industries Long-Term Capital Lease Obligation?

Ruentex Industries's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$41 Mil.

Ruentex Industries's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (NT$58 Mil) to Dec. 2023 (NT$50 Mil) and declined from Dec. 2023 (NT$50 Mil) to Mar. 2024 (NT$41 Mil).

Ruentex Industries's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (NT$149 Mil) to Dec. 2022 (NT$96 Mil) and declined from Dec. 2022 (NT$96 Mil) to Dec. 2023 (NT$50 Mil).

Ruentex Industries Long-Term Capital Lease Obligation Historical Data

The historical data trend for Ruentex Industries'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.

Ruentex Industries Long-Term Capital Lease Obligation Chart

Ruentex Industries Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

18.47

38.45

149.21

96.48

50.49

Ruentex Industries 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															83.82	69.70	57.64	50.49	41.22

Ruentex Industries (TPE:2915) 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.

Ruentex Industries Long-Term Capital Lease Obligation Related Terms

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

Ruentex Industries (TPE:2915) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Ruentex Industries Ltd (TPE:2915) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.308, Section 2, Bade Road, 13th Floor, Taipei, TWN

Website

https://www.ruentex.com.tw

Ruentex Industries Ltd is a textile business based in Taiwan. The company generates the majority of its revenue domestically, and a small portion from the rest of Asia, through five segments. The investment segment invests in, constructs, and leases commercial buildings and government-funded residential housing units. The hypermarket segment derives the majority of revenue from imports and exports of textiles. The textile department engages in the yarning of cotton, wool, chemical fibers, and synthetic fibers. The retailing segment retails men's and women's clothing, underwear, and bags under several brand names such as Nautica and Jeep. The smallest segment, construction, manufactures, processes, and markets construction materials.

Ruentex Industries (TPE:2915) Headlines

No Headlines