Yoshiharu Global Co (Yoshiharu Global Co) Long-Term Capital Lease Obligation : $5.69 Mil (As of Dec. 2023)

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What is Yoshiharu Global Co Long-Term Capital Lease Obligation?

Yoshiharu Global Co's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $5.69 Mil.

Yoshiharu Global Co's quarterly Long-Term Capital Lease Obligation declined from Jun. 2023 ($5.97 Mil) to Sep. 2023 ($5.84 Mil) and declined from Sep. 2023 ($5.84 Mil) to Dec. 2023 ($5.69 Mil).

Yoshiharu Global Co's annual Long-Term Capital Lease Obligation increased from Dec. 2021 ($2.10 Mil) to Dec. 2022 ($6.26 Mil) but then declined from Dec. 2022 ($6.26 Mil) to Dec. 2023 ($5.69 Mil).

Yoshiharu Global Co Long-Term Capital Lease Obligation Historical Data

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

Yoshiharu Global Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

0.80

1.26

2.10

6.26

5.69

Yoshiharu Global Co Quarterly Data
	Dec19	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										6.26	6.11	5.97	5.84	5.69

Yoshiharu Global Co (NAS:YOSH) 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.

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Yoshiharu Global Co (Yoshiharu Global Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Yoshiharu Global Co (NAS:YOSH) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

6940 Beach Boulevard, Suite D-705, Buena Park, CA, USA, 90621

Website

https://www.yoshiharuramen.com

Yoshiharu Global Co is a Japanese restaurant operator. The company has one reportable segment, consisting of operating its stores. Yoshiharu serves the perfect, ideal ramen, as well as offers customers a wide variety of sushi, bento menu, and other favorite Japanese cuisines. It is owning and operating 8 restaurant stores with an additional 5 in development and 6 expected to open.

Executives

James Chae	director, 10 percent owner, officer: President, CEO & Chairman	6940 BEACH BLVD SUITE D-705, BUENA PARK CA 90621
Jay Kim	director	6940 BEACH BLVD SUITE D-705, BUENA PARK CA 90621
Yusil Yeo	director	6940 BEACH BLVD SUITE D-705, BUENA PARK CA 90621
Helen Lee	director	6940 BEACH BLVD SUITE D-705, BUENA PARK CA 90621
Soojae Cho	officer: Chief Financial Officer	6940 BEACH BLVD SUITE D-705, BUENA PARK CA 90621