Net Pacific Financial Holdings (SGX:5QY) Long-Term Capital Lease Obligation : S$0.26 Mil (As of Dec. 2023)

View and export this data going back to 2003. Start your Free Trial

What is Net Pacific Financial Holdings Long-Term Capital Lease Obligation?

Net Pacific Financial Holdings's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was S$0.26 Mil.

Net Pacific Financial Holdings's quarterly Long-Term Capital Lease Obligation stayed the same from Jun. 2023 (S$0.00 Mil) to Sep. 2023 (S$0.00 Mil) but then increased from Sep. 2023 (S$0.00 Mil) to Dec. 2023 (S$0.26 Mil).

Net Pacific Financial Holdings's annual Long-Term Capital Lease Obligation stayed the same from Dec. 2021 (S$0.00 Mil) to Dec. 2022 (S$0.00 Mil) but then increased from Dec. 2022 (S$0.00 Mil) to Dec. 2023 (S$0.26 Mil).

Net Pacific Financial Holdings Long-Term Capital Lease Obligation Historical Data

The historical data trend for Net Pacific Financial 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.

Net Pacific Financial Holdings Long-Term Capital Lease Obligation Chart

Net Pacific Financial Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

0.03

0.02

0.26

Net Pacific Financial Holdings Quarterly Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															-	-	-	-	0.26

Net Pacific Financial Holdings (SGX:5QY) 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.

Net Pacific Financial Holdings Long-Term Capital Lease Obligation Related Terms

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

Net Pacific Financial Holdings (SGX:5QY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Net Pacific Financial Holdings Ltd (SGX:5QY) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

35 Selegie Road, No.10-25, Singapore, SGP, 188307

Website

https://www.netpac.com.sg

Net Pacific Financial Holdings Ltd is engaged in providing financing services. It provides financing services to small and medium-sized companies in the People's Republic of China, Hong Kong Special Administrative Region, Australia, and beyond. The operating segments of the group are the Financing business which generates the majority of the revenue and the Investment segment. The group provides financial services in the financing business segment which includes the provision of working capital financing, asset-backed loans, mezzanine loans, and investments in growth-oriented companies. The investment segment is the business of investing in short-term financial instruments using cash on hand pending further loan disbursement or investment opportunities under the financing business.

Net Pacific Financial Holdings (SGX:5QY) Headlines

No Headlines