Michang Oil Ind Co (XKRX:003650) Short-Term Capital Lease Obligation : ₩190 Mil (As of Mar. 2024)

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What is Michang Oil Ind Co Short-Term Capital Lease Obligation?

Michang Oil Ind Co's Short-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩190 Mil.

Michang Oil Ind Co's quarterly Short-Term Capital Lease Obligation declined from Sep. 2023 (₩379 Mil) to Dec. 2023 (₩159 Mil) but then increased from Dec. 2023 (₩159 Mil) to Mar. 2024 (₩190 Mil).

Michang Oil Ind Co's annual Short-Term Capital Lease Obligation increased from Dec. 2021 (₩144 Mil) to Dec. 2022 (₩212 Mil) but then declined from Dec. 2022 (₩212 Mil) to Dec. 2023 (₩159 Mil).

Michang Oil Ind Co Short-Term Capital Lease Obligation Historical Data

The historical data trend for Michang Oil Ind Co's Short-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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Michang Oil Ind Co Short-Term Capital Lease Obligation Chart

Michang Oil Ind Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Short-Term Capital Lease Obligation

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138.46

136.83

144.33

212.31

158.50

Michang Oil Ind Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Short-Term Capital Lease Obligation	Get a 7-Day Free Trial															245.06	403.71	378.79	158.50	190.44

Michang Oil Ind Co Short-Term Capital Lease Obligation Explanation

Short-Term Capital Lease Obligation represents the total amount of Long-Term Capital Lease Obligation that must be paid within the next accounting period. Capital lease obligations are contractual obligations that arise from obtaining the use of property or equipment via a capital lease contract.

Michang Oil Ind Co Short-Term Capital Lease Obligation Related Terms

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Michang Oil Ind Co (XKRX:003650) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Michang Oil Ind Co Ltd (XKRX:003650) » Definitions » Short-Term Capital Lease Obligation

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Traded in Other Exchanges

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Address

241, Haeyang-ro, Yeongdo-gu, Busan, KOR

Website

http://www.michang.co.kr

Michang Oil Ind Co Ltd is engaged in the petrochemical business in South Korea. It offers automotive lubricants, including premium motor, gasoline motor, diesel motor, and automotive gear oils, as well as auto transmission fluids and other application motor oils; and industrial lubricants, such as turbine, hydraulic, compressor, and industrial gear oils, as well as heat transfer fluids.

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