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Hephaist Co (TSE:6433) Long-Term Capital Lease Obligation : 円248 Mil (As of Dec. 2023)


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What is Hephaist Co Long-Term Capital Lease Obligation?

Hephaist Co's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円248 Mil.

Hephaist Co's quarterly Long-Term Capital Lease Obligation increased from Jun. 2023 (円71 Mil) to Sep. 2023 (円135 Mil) and increased from Sep. 2023 (円135 Mil) to Dec. 2023 (円248 Mil).

Hephaist Co's annual Long-Term Capital Lease Obligation declined from Mar. 2021 (円36 Mil) to Mar. 2022 (円29 Mil) but then increased from Mar. 2022 (円29 Mil) to Mar. 2023 (円69 Mil).


Hephaist Co Long-Term Capital Lease Obligation Historical Data

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

Hephaist Co 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 22.56 13.36 35.68 28.61 69.01

Hephaist Co 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 33.80 69.01 71.08 134.81 247.94

Hephaist Co  (TSE:6433) 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.

Hephaist Co Long-Term Capital Lease Obligation Related Terms

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Hephaist Co (TSE:6433) Business Description

Industry
Traded in Other Exchanges
N/A
Address
580-1, Imafuku, Saitama Prefecture, Kawagoe-shi, JPN, 350-1151
Hephaist Co Ltd is engaged in the metal fabrication business in Japan. The firm is a manufacturer of small-diameter linear ball bushings. It is engaged in products in various fields such as automobiles, semiconductors, and electronic devices. The company's core business includes Linear motion, Ultra-precision machining, and System products among others.

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