GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Genda Inc (TSE:9166) » Definitions » Long-Term Capital Lease Obligation

Genda (TSE:9166) Long-Term Capital Lease Obligation : 円799 Mil (As of Jan. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Genda Long-Term Capital Lease Obligation?

Genda's Long-Term Capital Lease Obligation for the quarter that ended in Jan. 2024 was 円799 Mil.

Genda's quarterly Long-Term Capital Lease Obligation increased from Jul. 2023 (円820 Mil) to Oct. 2023 (円878 Mil) but then declined from Oct. 2023 (円878 Mil) to Jan. 2024 (円799 Mil).

Genda's annual Long-Term Capital Lease Obligation increased from Jan. 2022 (円84 Mil) to Jan. 2023 (円399 Mil) and increased from Jan. 2023 (円399 Mil) to Jan. 2024 (円799 Mil).


Genda Long-Term Capital Lease Obligation Historical Data

The historical data trend for Genda'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.

Genda Long-Term Capital Lease Obligation Chart

Genda Annual Data
Trend Jan22 Jan23 Jan24
Long-Term Capital Lease Obligation
84.00 399.00 799.00

Genda Quarterly Data
Jan22 Jan23 Apr23 Jul23 Oct23 Jan24
Long-Term Capital Lease Obligation Get a 7-Day Free Trial 399.00 429.00 820.00 878.00 799.00

Genda  (TSE:9166) 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.

Genda Long-Term Capital Lease Obligation Related Terms

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


Genda (TSE:9166) Business Description

Industry
Traded in Other Exchanges
N/A
Address
1-9-1 Higashi Shimbashi, Tokyo Shiodome Building 17th Floor, Minato-ku, Tokyo, JPN, 105-7317
Genda Inc is a pure holding company engaged in management support for several subsidiaries in entertainment businesses. Its main business is the operation of approximately 250 amusement arcades mainly under the GiGO brand through its wholly owned subsidiary GENDA GiGO Entertainment. Other businesses include amusement machine leasing, online crane games, sales promotions, and character licensing.

Genda (TSE:9166) Headlines

No Headlines