Skyworth Group (Skyworth Group) Long-Term Capital Lease Obligation : $10 Mil (As of Dec. 2023)

View and export this data going back to 2010. Start your Free Trial

What is Skyworth Group Long-Term Capital Lease Obligation?

Skyworth Group's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $10 Mil.

Skyworth Group's quarterly Long-Term Capital Lease Obligation declined from Dec. 2022 ($8 Mil) to Jun. 2023 ($6 Mil) but then increased from Jun. 2023 ($6 Mil) to Dec. 2023 ($10 Mil).

Skyworth Group's annual Long-Term Capital Lease Obligation declined from Dec. 2021 ($15 Mil) to Dec. 2022 ($8 Mil) but then increased from Dec. 2022 ($8 Mil) to Dec. 2023 ($10 Mil).

Skyworth Group Long-Term Capital Lease Obligation Historical Data

The historical data trend for Skyworth Group'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.

Skyworth Group Long-Term Capital Lease Obligation Chart

Skyworth Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

15.97

21.56

14.92

7.75

9.80

Skyworth Group Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															14.92	12.10	7.75	5.59	9.80

Skyworth Group (OTCPK:SWDHF) 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.

Skyworth Group Long-Term Capital Lease Obligation Related Terms

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

Skyworth Group (Skyworth Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Skyworth Group Ltd (OTCPK:SWDHF) » Definitions » Long-Term Capital Lease Obligation

Traded in Other Exchanges

00751:Hong Kong KYW:Germany

Address

20 Westlands Road, Rooms 1601-04 Westlands Centre, Quarry Bay, Hong Kong, HKG

Website

http://www.skyworth.com

Skyworth Group Ltd is principally engaged in the manufacture and sales of smart TV systems, home access systems, smart white appliances, intelligent manufacturing, internet value-added services, property development, property holding, photovoltaic products, modern services, and trading of other products. The company has four operating segments; Multimedia business, Smart systems technology business, New energy business, and Smart appliances business. The Group's operations are located in the PRC, Asia (other than the PRC), the Americas, Europe, Africa, and other regions and it derives a majority of its revenue from the People's Republic of China.