Nine Dragons Paper (Holdings) (Nine Dragons Paper (Holdings)) Long-Term Capital Lease Obligation : $155 Mil (As of Dec. 2023)

View and export this data going back to 2008. Start your Free Trial

What is Nine Dragons Paper (Holdings) Long-Term Capital Lease Obligation?

Nine Dragons Paper (Holdings)'s Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $155 Mil.

Nine Dragons Paper (Holdings)'s quarterly Long-Term Capital Lease Obligation increased from Dec. 2022 ($3 Mil) to Jun. 2023 ($3 Mil) and increased from Jun. 2023 ($3 Mil) to Dec. 2023 ($155 Mil).

Nine Dragons Paper (Holdings)'s annual Long-Term Capital Lease Obligation increased from Jun. 2021 ($3 Mil) to Jun. 2022 ($3 Mil) but then declined from Jun. 2022 ($3 Mil) to Jun. 2023 ($3 Mil).

Nine Dragons Paper (Holdings) Long-Term Capital Lease Obligation Historical Data

The historical data trend for Nine Dragons Paper (Holdings)'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.

Nine Dragons Paper (Holdings) Long-Term Capital Lease Obligation Chart

Nine Dragons Paper (Holdings) Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

1.80

2.76

3.03

2.96

Nine Dragons Paper (Holdings) Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															3.41	3.03	2.95	2.96	155.22

Nine Dragons Paper (Holdings) (OTCPK:NDGPY) 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.

Nine Dragons Paper (Holdings) Long-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of Nine Dragons Paper (Holdings)'s Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.

Nine Dragons Paper (Holdings) (Nine Dragons Paper (Holdings)) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Nine Dragons Paper (Holdings) Ltd (OTCPK:NDGPY) » Definitions » Long-Term Capital Lease Obligation

Traded in Other Exchanges

NDGPF:USA 02689:Hong Kong N3Y:Germany

Address

No.12, Xincheng Road, Songshan Lake High-Tech Industrial Development Zone, Guangdong Province, Dongguan, CHN

Website

http://www.ndpaper.com

Nine Dragons Paper (Holdings) Ltd operates as a paper products manufacturer. The company predominantly produces liner board, corrugating medium, and coated duplex boards. In addition to packaging paperboard, the Group is also engaged in the production of printing and writing a paper in Dongguan and Taicang and the development of packaging paperboard and specialty paper production in Leshan, Sichuan Province. Substantial part of the company's revenues are generated from the sale of packaging paper and the rest from sales of printing and writing paper, high-value specialty paper products, and Pulp.

Nine Dragons Paper (Holdings) (Nine Dragons Paper (Holdings)) Headlines

From GuruFocus

ND PAPER TO INCREASE EFFICIENCY AT RUMFORD DIVISION WITH SUPPORT FROM GRANT FUNDING

By PRNewswire PRNewswire • 12-09-2022

ND Paper Attends Labelexpo Americas Conference Sept. 25 - 27

By PRNewswire PRNewswire • 09-20-2018

ND Paper LLC to Purchase Old Town, Maine Pulp Mill

By PRNewswire PRNewswire • 10-10-2018

ND Paper LLC Completes Acquisition of Resolute Forest Products Recycled Pulp Mill in Fairmont, West Virginia

By PRNewswire PRNewswire • 11-01-2018