Macau Legend Development (HKSE:01680) Long-Term Capital Lease Obligation : HK$86.4 Mil (As of Dec. 2023)

View and export this data going back to 2013. Start your Free Trial

What is Macau Legend Development Long-Term Capital Lease Obligation?

Macau Legend Development's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$86.4 Mil.

Macau Legend Development's quarterly Long-Term Capital Lease Obligation declined from Dec. 2022 (HK$91.6 Mil) to Jun. 2023 (HK$89.2 Mil) and declined from Jun. 2023 (HK$89.2 Mil) to Dec. 2023 (HK$86.4 Mil).

Macau Legend Development's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (HK$102.8 Mil) to Dec. 2022 (HK$91.6 Mil) and declined from Dec. 2022 (HK$91.6 Mil) to Dec. 2023 (HK$86.4 Mil).

Macau Legend Development Long-Term Capital Lease Obligation Historical Data

The historical data trend for Macau Legend Development'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.

Macau Legend Development Long-Term Capital Lease Obligation Chart

Macau Legend Development Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

82.35

103.95

102.75

91.63

86.38

Macau Legend Development 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															102.75	95.23	91.63	89.17	86.38

Macau Legend Development (HKSE:01680) 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.

Macau Legend Development Long-Term Capital Lease Obligation Related Terms

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

Macau Legend Development (HKSE:01680) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Macau Legend Development Ltd (HKSE:01680) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

MALDF:USA

Address

Avenida da Amizade e Avenida da, Palace Building, Macau Fisherman’s Wharf, Dr. Sun Yat Sen, Macau, MAC

Website

http://www.macaulegend.com

Macau Legend Development Ltd is an investment holdings company. The company is one of the owners of entertainment and casino gaming facilities in Macau. The company currently has Macau Fisherman's Wharf operated by MFW Investment (MFW), which is a waterfront integrated gaming, hotel, convention and entertainment complex located on the Macau Peninsula. The company's businesses include 1) the provision of gaming services to SJM for the operation of Legend Palace Casino; 2) the operation of casino inside Savan Legend Resorts Hotel and Entertainment Complex in the Lao People's Democratic Republic (Lao PDR); and 3) the operation of hotels, entertainment and leisure facilities within its properties.

Macau Legend Development (HKSE:01680) Headlines

No Headlines