Homeinns Hotel Group (Homeinns Hotel Group) Long-Term Capital Lease Obligation : $47.7 Mil (As of Sep. 2015)

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What is Homeinns Hotel Group Long-Term Capital Lease Obligation?

Homeinns Hotel Group's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2015 was $47.7 Mil.

Homeinns Hotel Group's quarterly Long-Term Capital Lease Obligation declined from Mar. 2015 ($51.6 Mil) to Jun. 2015 ($50.5 Mil) and declined from Jun. 2015 ($50.5 Mil) to Sep. 2015 ($47.7 Mil).

Homeinns Hotel Group's annual Long-Term Capital Lease Obligation declined from Dec. 2012 ($59.7 Mil) to Dec. 2013 ($55.6 Mil) and declined from Dec. 2013 ($55.6 Mil) to Dec. 2014 ($53.5 Mil).

Homeinns Hotel Group Long-Term Capital Lease Obligation Historical Data

The historical data trend for Homeinns Hotel Group'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.

Homeinns Hotel Group Long-Term Capital Lease Obligation Chart

Homeinns Hotel Group Annual Data

Trend

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Long-Term Capital Lease Obligation

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63.72

59.71

55.59

53.53

Homeinns Hotel Group Quarterly Data
	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															53.53	51.65	50.46	47.75	-

Homeinns Hotel Group (NAS:HMIN) 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.

Homeinns Hotel Group Long-Term Capital Lease Obligation Related Terms

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Homeinns Hotel Group (Homeinns Hotel Group) Business Description

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Address

Website

http://www.homeinns.com

Homeinns Hotel Group was incorporated in the Cayman Islands on May 2006. The Company develops and operates economy hotels across China under its "Home Inn", "Yitel" and its recently acquired "Motel 168" brands. As of December 31, 2013, the Company had 2,180 hotels in operation, including 872 leased-and-operated hotels and 1,308 franchised-and-managed hotels, with approximately 256,555 rooms located in 287 cities across China, and an additional 161 hotels under development. It competes with other economy hotel chains, such as Jinjiang Star, 7 Days Inn, Han Ting, Green Tree Inn and Super 8, as well as various regional and local economy hotel chains.

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