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Leather Footwear and Garment Making Exporting (HSTC:LGM) Long-Term Capital Lease Obligation : ₫0.00 Mil (As of . 20)


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What is Leather Footwear and Garment Making Exporting Long-Term Capital Lease Obligation?

Leather Footwear and Garment Making Exporting's Long-Term Capital Lease Obligation for the quarter that ended in . 20 was ₫0.00 Mil.


Leather Footwear and Garment Making Exporting Long-Term Capital Lease Obligation Historical Data

The historical data trend for Leather Footwear and Garment Making Exporting'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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Leather Footwear and Garment Making Exporting Long-Term Capital Lease Obligation Chart

Leather Footwear and Garment Making Exporting Annual Data
Trend
Long-Term Capital Lease Obligation

Leather Footwear and Garment Making Exporting Semi-Annual Data
Long-Term Capital Lease Obligation

Leather Footwear and Garment Making Exporting  (HSTC:LGM) 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.

Leather Footwear and Garment Making Exporting Long-Term Capital Lease Obligation Related Terms

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Leather Footwear and Garment Making Exporting (HSTC:LGM) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
15 Truong Son, Ward 15, District 10, Ho Chi Minh City, VNM
Leather Footwear and Garment Making Exporting Corp is engaged in the manufacturing and processing of leather goods and garments for export to the Soviet Union and some other countries. It is engaged in activities like producing, trading and processing all kinds of garment and household products, direct import and export of garment and household products and design and manufacture fashion clothing and uniforms for domestic and export markets.

Leather Footwear and Garment Making Exporting (HSTC:LGM) Headlines

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