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Seiyu kogyo Co (NGO:9170) Long-Term Capital Lease Obligation : 円258 Mil (As of Jun. 2024)


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What is Seiyu kogyo Co Long-Term Capital Lease Obligation?

Seiyu kogyo Co's Long-Term Capital Lease Obligation for the quarter that ended in Jun. 2024 was 円258 Mil.

Seiyu kogyo Co's quarterly Long-Term Capital Lease Obligation declined from Dec. 2023 (円228 Mil) to Mar. 2024 (円211 Mil) but then increased from Mar. 2024 (円211 Mil) to Jun. 2024 (円258 Mil).

Seiyu kogyo Co's annual Long-Term Capital Lease Obligation increased from Sep. 2022 (円35 Mil) to Sep. 2023 (円227 Mil) and increased from Sep. 2023 (円227 Mil) to Sep. 2024 (円272 Mil).

Seiyu kogyo Co Long-Term Capital Lease Obligation Historical Data

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

Seiyu kogyo Co Annual Data
Trend Sep21 Sep22 Sep23 Sep24
Long-Term Capital Lease Obligation
29.76 35.36 226.99 272.20

Seiyu kogyo Co Quarterly Data
Sep21 Sep22 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Long-Term Capital Lease Obligation Get a 7-Day Free Trial 226.99 227.78 211.10 258.38 272.20

Seiyu kogyo Co  (NGO:9170) 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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Seiyu kogyo Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Seiyu kogyo Co Ltd (NGO:9170) » Definitions » Long-Term Capital Lease Obligation
Comparable Companies
TSE:1844 TSE:253A TSE:1997 TSE:7057 TSE:1439 TSE:6171 TSE:4750 TSE:1758 TSE:1764 TSE:1795 XPAR:DG NSE:LT PWR SHSE:601668 TSX:WSP EME SHSE:601390 HKSE:01800 J SHSE:601186
Traded in Other Exchanges
N/A
Address
1141-1 Soka, Akiruno, Tokyo, JPN
Website
https://www.seiyukogyo.co.jp
Seiyu kogyo Co Ltd is engaged in the business of construction work, Industrial waste treatment, Contaminated soil treatment, Transportation business and Recycled construction materials production and sales business.

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