United Royale Holdings (United Royale Holdings) Long-Term Capital Lease Obligation : $0.00 Mil (As of Sep. 2021)

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What is United Royale Holdings Long-Term Capital Lease Obligation?

United Royale Holdings's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2021 was $0.00 Mil.

United Royale Holdings's annual Long-Term Capital Lease Obligation increased from Dec. 2018 ($0.00 Mil) to Dec. 2019 ($0.02 Mil) but then declined from Dec. 2019 ($0.02 Mil) to Dec. 2020 ($0.00 Mil).

United Royale Holdings Long-Term Capital Lease Obligation Historical Data

The historical data trend for United Royale 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.

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United Royale Holdings Long-Term Capital Lease Obligation Chart

United Royale Holdings Annual Data

Trend

Dec15

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Dec20

Long-Term Capital Lease Obligation

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0.02

United Royale Holdings Quarterly Data
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Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															-	-	-	-	-

United Royale Holdings (OTCPK:URYL) 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.

United Royale Holdings Long-Term Capital Lease Obligation Related Terms

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United Royale Holdings (United Royale Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » United Royale Holdings Corp (OTCPK:URYL) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

92 Granville Road, Room 405, 4th Floor, Energy Plaza,, Tsim Sha Tsui, Kowloon, Hong Kong, HKG

Website

https://www.unitedroyale.com

United Royale Holdings Corp offers planting and cultivation services to landowners regarding planting and cultivation of Aquilaria Subintegra and Aquilaria Sinensis trees.

Executives

Sooi Teoh Kooi	director, 10 percent owner, officer: Chief Executive Officer	RM 7C WORLD TRUST TOWER BUILDING 50 STANLEY STREET,CENTRAL K3 000000
Kean Wah Ong	officer: Chief Operations Officer	RM 7C, WORLD TRUST TOWER BUILDING 50 STANLEY STREET CENTRAL K3 000000
Chen Zheru	director, 10 percent owner	RM 7C, WORLD TRUST TOWER BUILDING 50 STANLEY STREET CENTRAL K3 000000
Yan Hong Chen	director	RM 7C, WORLD TRUST TOWER BUILDING 50 STANLEY STREET CENTRAL K3 000000

United Royale Holdings (United Royale Holdings) Headlines

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