Lai Sun Development Co (HKSE:00488) Long-Term Capital Lease Obligation : HK$735 Mil (As of Jan. 2024)

View and export this data going back to 1988. Start your Free Trial

What is Lai Sun Development Co Long-Term Capital Lease Obligation?

Lai Sun Development Co's Long-Term Capital Lease Obligation for the quarter that ended in Jan. 2024 was HK$735 Mil.

Lai Sun Development Co's quarterly Long-Term Capital Lease Obligation declined from Jan. 2023 (HK$851 Mil) to Jul. 2023 (HK$839 Mil) and declined from Jul. 2023 (HK$839 Mil) to Jan. 2024 (HK$735 Mil).

Lai Sun Development Co's annual Long-Term Capital Lease Obligation declined from Jul. 2021 (HK$1,104 Mil) to Jul. 2022 (HK$975 Mil) and declined from Jul. 2022 (HK$975 Mil) to Jul. 2023 (HK$839 Mil).

Lai Sun Development Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Lai Sun Development Co'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.

Lai Sun Development Co Long-Term Capital Lease Obligation Chart

Lai Sun Development Co Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

1,093.76

1,103.89

974.96

838.62

Lai Sun Development Co Semi-Annual Data
	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															1,010.60	974.96	851.00	838.62	734.99

Lai Sun Development Co (HKSE:00488) 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.

Lai Sun Development Co Long-Term Capital Lease Obligation Related Terms

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

Lai Sun Development Co (HKSE:00488) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Lai Sun Development Co Ltd (HKSE:00488) » Definitions » Long-Term Capital Lease Obligation

Traded in Other Exchanges

LVSDF:USA

Address

680 Cheung Sha Wan Road, 11th Floor, Lai Sun Commercial Centre, Kowloon, Hong Kong, HKG

Website

https://www.laisun.com

Lai Sun Development Co Ltd is an investment holding company. The company's operating segment includes property development and sales; property investment; hotel operation; restaurant operation; media and entertainment; film and TV programs; cinema operation; theme park operation and others. The property development and sales segment is engaged in property development and the sale of properties. Geographically, it derives a majority of its revenue from Hong Kong, Mainland China and Macau.

Executives

Lai Sun Garment (international) Limited	2201 Interest of corporation controlled by you
Lam Kin Ngok Peter	2201 Interest of corporation controlled by you
Yu Cheuk Yi	2103 Interests held jointly with another person
Yu Siu Yuk	2103 Interests held jointly with another person
Argyle Street Management Holdings Limited	2201 Interest of corporation controlled by you
Argyle Street Management Limited	2102 Investment manager
Asm Connaught House (master) Fund Iii Lp	2201 Interest of corporation controlled by you
Asm Connaught House General Partner Iii Limited	2102 Investment manager
Chan Kin	2201 Interest of corporation controlled by you
Haitong International Holdings Limited	2201 Interest of corporation controlled by you
Haitong International Securities Company Limited	2105 Underwriter
Haitong International Securities Group Limited	2201 Interest of corporation controlled by you
Haitong Securities Co., Ltd.	2201 Interest of corporation controlled by you
Jinlong Road Limited	2101 Beneficial owner
Tanah Abang Limited	2201 Interest of corporation controlled by you

Lai Sun Development Co (HKSE:00488) Headlines

No Headlines