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Seikagaku (TSE:4548) Long-Term Capital Lease Obligation : 円59 Mil (As of Dec. 2023)


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What is Seikagaku Long-Term Capital Lease Obligation?

Seikagaku's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円59 Mil.

Seikagaku's quarterly Long-Term Capital Lease Obligation increased from Jun. 2023 (円57 Mil) to Sep. 2023 (円64 Mil) but then declined from Sep. 2023 (円64 Mil) to Dec. 2023 (円59 Mil).

Seikagaku's annual Long-Term Capital Lease Obligation increased from Mar. 2021 (円57 Mil) to Mar. 2022 (円58 Mil) but then declined from Mar. 2022 (円58 Mil) to Mar. 2023 (円52 Mil).


Seikagaku Long-Term Capital Lease Obligation Historical Data

The historical data trend for Seikagaku'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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Seikagaku Long-Term Capital Lease Obligation Chart

Seikagaku Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 49.00 69.00 57.00 58.00 52.00

Seikagaku Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 56.00 52.00 57.00 64.00 59.00

Seikagaku  (TSE:4548) 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.

Seikagaku Long-Term Capital Lease Obligation Related Terms

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Seikagaku (TSE:4548) Business Description

Traded in Other Exchanges
N/A
Address
Marunouchi Center Building 10 Floor, 6-1, Marunouchi 1-chome, Chiyoda-ku, Tokyo, JPN, 100-0005
Seikagaku Corp makes and sells pharmaceuticals and medical devices related to glycoconjugates. The firm operates in two segments: pharmaceutical and LAL. The pharmaceutical segment contributes the majority of revenue. This business sells pharmaceutical products made from hyaluronic acid, a major component of glycoconjugates, as well as medical devices and bulk products. The LAL segment manufactures endotoxin-detecting reagents made from limulus amebocyte lysate that are used to control quality in the pharmaceutical manufacturing process. Seikagaku generates the majority of its sales in Japan.

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