Q Holding PJSC (ADX:QHOLDING) Long-Term Capital Lease Obligation : د.إ103.2 Mil (As of Jun. 2023)

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What is Q Holding PJSC Long-Term Capital Lease Obligation?

Q Holding PJSC's Long-Term Capital Lease Obligation for the quarter that ended in Jun. 2023 was د.إ103.2 Mil.

Q Holding PJSC's quarterly Long-Term Capital Lease Obligation increased from Jun. 2022 (د.إ94.2 Mil) to Dec. 2022 (د.إ98.6 Mil) and increased from Dec. 2022 (د.إ98.6 Mil) to Jun. 2023 (د.إ103.2 Mil).

Q Holding PJSC's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (د.إ94.2 Mil) to Dec. 2022 (د.إ98.6 Mil) but then declined from Dec. 2022 (د.إ98.6 Mil) to Dec. 2023 (د.إ91.1 Mil).

Q Holding PJSC Long-Term Capital Lease Obligation Historical Data

The historical data trend for Q Holding PJSC'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.

Q Holding PJSC Long-Term Capital Lease Obligation Chart

Q Holding PJSC Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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79.07

93.86

94.23

98.60

91.09

Q Holding PJSC Quarterly Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Mar21	Jun21	Dec21	Mar22	Jun22	Dec22	Jun23	Dec23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial											94.23	94.23	98.60	103.15	91.09

Q Holding PJSC (ADX:QHOLDING) 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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Q Holding PJSC (ADX:QHOLDING) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Q Holding PJSC (ADX:QHOLDING) » Definitions » Long-Term Capital Lease Obligation

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Traded in Other Exchanges

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Address

Sheikh Zayed Road, Ministries Complex, Zone 1, Abu Dhabi, ARE

Website

https://www.qholding.com

Q Holding PJSC is an investment holding company. It focused on the development, management, sales, and leasing of real estate projects, launching and managing educational, hospitality, and healthcare projects, and acquiring controlling interests in strategic companies. Its operating segments include Real Estate, Hospitality, Labour accommodation, and Others. It derives the maximum revenue from the Real Estate segment.

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