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

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).


Capital lease obligations 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 current portion of a capital lease obligation is the portion of a long-term capital lease 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.

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Homeinns Hotel Group Annual Data


Homeinns Hotel Group Quarterly Data

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