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Sunautas Co (TSE:7623) Long-Term Capital Lease Obligation : 円477 Mil (As of Jan. 2024)


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What is Sunautas Co Long-Term Capital Lease Obligation?

Sunautas Co's Long-Term Capital Lease Obligation for the quarter that ended in Jan. 2024 was 円477 Mil.

Sunautas Co's quarterly Long-Term Capital Lease Obligation increased from Jul. 2023 (円409 Mil) to Oct. 2023 (円443 Mil) and increased from Oct. 2023 (円443 Mil) to Jan. 2024 (円477 Mil).

Sunautas Co's annual Long-Term Capital Lease Obligation declined from Apr. 2021 (円402 Mil) to Apr. 2022 (円392 Mil) but then increased from Apr. 2022 (円392 Mil) to Apr. 2023 (円397 Mil).


Sunautas Co Long-Term Capital Lease Obligation Historical Data

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

Sunautas Co Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 474.87 371.63 402.27 391.87 397.06

Sunautas Co Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 248.12 397.06 408.89 442.94 477.32

Sunautas Co  (TSE:7623) 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.

Sunautas Co Long-Term Capital Lease Obligation Related Terms

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Sunautas Co (TSE:7623) Business Description

Industry
Traded in Other Exchanges
N/A
Address
2-4-15 Shin-Yokohama Ota Kosan Building, 9th Floor, Kanagawa Prefecture Shin-Yokohama, Kohoku-ku, Yokohama, JPN, 222-0033
Sunautas Co., Ltd is a Japanese company engaged in total car service. The services offered by the company include gas stations, store network of imported cars, BMW dealers which include sales, maintenance, and accessory sales, and comprehensive insurance agency.

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