My Chau Printing & Packaging Holding Co (STC:MCP) Long-Term Capital Lease Obligation : ₫0.00 Mil (As of . 20)

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What is My Chau Printing & Packaging Holding Co Long-Term Capital Lease Obligation?

My Chau Printing & Packaging Holding Co's Long-Term Capital Lease Obligation for the quarter that ended in . 20 was ₫0.00 Mil.

My Chau Printing & Packaging Holding Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for My Chau Printing & Packaging Holding 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.

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My Chau Printing & Packaging Holding Co Long-Term Capital Lease Obligation Chart

My Chau Printing & Packaging Holding Co Annual Data

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Long-Term Capital Lease Obligation

My Chau Printing & Packaging Holding Co Quarterly Data

Long-Term Capital Lease Obligation

My Chau Printing & Packaging Holding Co (STC:MCP) 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.

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My Chau Printing & Packaging Holding Co (STC:MCP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » My Chau Printing & Packaging Holding Co (STC:MCP) » Definitions » Long-Term Capital Lease Obligation

Traded in Other Exchanges

N/A

Address

No. 18 Luy Ban Bich Street, Tan Thoi Hoa Ward, Tan Phu District, Ho Chi Minh, VNM

Website

https://www.mychau.com.vn

My Chau Printing & Packaging Holding Co is engaged in manufacturing metal packaging and trading in steel and aluminum sheets and chemicals for printing on steel plates. The company produces metal packages such as food, milk powder, confectionery, and chemical cans.

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