Luk Fook Holdings (International) (HKSE:00590) Long-Term Capital Lease Obligation : HK$240 Mil (As of Sep. 2023)

View and export this data going back to 1997. Start your Free Trial

What is Luk Fook Holdings (International) Long-Term Capital Lease Obligation?

Luk Fook Holdings (International)'s Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$240 Mil.

Luk Fook Holdings (International)'s quarterly Long-Term Capital Lease Obligation declined from Sep. 2022 (HK$148 Mil) to Mar. 2023 (HK$148 Mil) but then increased from Mar. 2023 (HK$148 Mil) to Sep. 2023 (HK$240 Mil).

Luk Fook Holdings (International)'s annual Long-Term Capital Lease Obligation increased from Mar. 2021 (HK$82 Mil) to Mar. 2022 (HK$153 Mil) but then declined from Mar. 2022 (HK$153 Mil) to Mar. 2023 (HK$148 Mil).

Luk Fook Holdings (International) Long-Term Capital Lease Obligation Historical Data

The historical data trend for Luk Fook Holdings (International)'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.

Luk Fook Holdings (International) Long-Term Capital Lease Obligation Chart

Luk Fook Holdings (International) Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

283.66

81.85

153.01

147.61

Luk Fook Holdings (International) Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															126.48	153.01	147.78	147.61	239.70

Luk Fook Holdings (International) (HKSE:00590) 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.

Luk Fook Holdings (International) Long-Term Capital Lease Obligation Related Terms

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

Luk Fook Holdings (International) (HKSE:00590) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Luk Fook Holdings (International) Ltd (HKSE:00590) » Definitions » Long-Term Capital Lease Obligation

Traded in Other Exchanges

LKFLF:USA LUY1:Germany

Address

No. 2 On Yiu Street, 15th, 20th, 25th & 27th Floors, Metropole Square, Shatin, New Territories, Hong Kong, HKG

Website

https://www.lukfook.com

Luk Fook Holdings (International) Ltd is a Hong Kong-based investment holding company. The company is engaged in the sourcing, designing, wholesaling, trademark licensing and retailing of a variety of gold and platinum jewelry and gem-set jewelry products. It operates through the following five segments: Retailing in Hong Kong, Macau and Overseas; Retailing in Mainland China; Wholesaling in Hong Kong; Wholesaling in Mainland China; and Licensing. The company generates maximum revenue from Retailing in Hong Kong, Macau and Overseas segments.

Luk Fook Holdings (International) (HKSE:00590) Headlines

No Headlines