Ebang International Holdings (Ebang International Holdings) Long-Term Capital Lease Obligation : $4.88 Mil (As of Dec. 2023)

View and export this data going back to 2020. Start your Free Trial

What is Ebang International Holdings Long-Term Capital Lease Obligation?

Ebang International Holdings's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $4.88 Mil.

Ebang International Holdings's quarterly Long-Term Capital Lease Obligation declined from Dec. 2022 ($5.76 Mil) to Jun. 2023 ($4.24 Mil) but then increased from Jun. 2023 ($4.24 Mil) to Dec. 2023 ($4.88 Mil).

Ebang International Holdings's annual Long-Term Capital Lease Obligation increased from Dec. 2021 ($2.00 Mil) to Dec. 2022 ($5.76 Mil) but then declined from Dec. 2022 ($5.76 Mil) to Dec. 2023 ($4.88 Mil).

Ebang International Holdings Long-Term Capital Lease Obligation Historical Data

The historical data trend for Ebang International 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.

Ebang International Holdings Long-Term Capital Lease Obligation Chart

Ebang International Holdings Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

0.36

0.12

2.00

5.76

4.88

Ebang International Holdings Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial						2.00	1.38	5.76	4.24	4.88

Ebang International Holdings (NAS:EBON) 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.

Ebang International Holdings Long-Term Capital Lease Obligation Related Terms

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

Ebang International Holdings (Ebang International Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Ebang International Holdings Inc (NAS:EBON) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

7EBA:Germany

Address

No. 20-02B, 12 Marina View, Asia Square Tower 2, Singapore, SGP, 018961

Website

https://www.ebang.com.cn

Ebang International Holdings Inc is an application-specific integrated circuit, or ASIC, chip design company and a manufacturer of high-performance Bitcoin mining machines. The company's Ebit E10 model, is a commercial mining machine that uses 10 nm ASIC chips among other mining machine producers. It operates in a single segment selling Bitcoin mining machines and related accessories, telecommunications products and provision of management and maintenance services.