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Henderson Land Development Co (Henderson Land Development Co) Long-Term Capital Lease Obligation : $124 Mil (As of Dec. 2023)


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What is Henderson Land Development Co Long-Term Capital Lease Obligation?

Henderson Land Development Co's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $124 Mil.

Henderson Land Development Co's quarterly Long-Term Capital Lease Obligation increased from Dec. 2022 ($72 Mil) to Jun. 2023 ($139 Mil) but then declined from Jun. 2023 ($139 Mil) to Dec. 2023 ($124 Mil).

Henderson Land Development Co's annual Long-Term Capital Lease Obligation increased from Dec. 2021 ($32 Mil) to Dec. 2022 ($72 Mil) and increased from Dec. 2022 ($72 Mil) to Dec. 2023 ($124 Mil).


Henderson Land Development Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Henderson Land 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.

Henderson Land Development Co Long-Term Capital Lease Obligation Chart

Henderson Land Development Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.01 56.12 32.18 71.54 124.46

Henderson Land Development Co 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 32.18 76.83 71.54 139.03 124.46

Henderson Land Development Co  (OTCPK:HLDVF) 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.

Henderson Land Development Co Long-Term Capital Lease Obligation Related Terms

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Henderson Land Development Co (Henderson Land Development Co) Business Description

Traded in Other Exchanges
Address
8 Finance Street, 72nd -76th Floor, Two International Finance Centre, Central, Hong Kong, HKG
Henderson Land Development is a leading property developer in Hong Kong with a focus on urban redevelopment and farmland conversion. The company was founded in 1976, listed in 1981. Founder Lee Shau Kee is the controlling shareholder, and a series of disposals in December 2017 reduced his stake to below 72.8%. The share disposals were the first since 1993, lessening the possibility of a privatization. Lee stepped down in May 2019, succeeded by his two sons as joint chairmen and managing directors. Henderson Land also controls four listed entities directly, including a 33.4% stake in Hong Kong Ferry, a 69% stake in Henderson Investment, a 41.5% stake in Hong Kong and China Gas, and a 50.1% stake in Miramar Hotel & Investment.

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