Tencent Holdings (LTS:0Z4S) Long-Term Capital Lease Obligation

: HK$17,376 Mil (As of Sep. 2023)

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Tencent Holdings's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$17,376 Mil.

Tencent Holdings's quarterly Long-Term Capital Lease Obligation declined from Mar. 2023 (HK$19,279 Mil) to Jun. 2023 (HK$19,089 Mil) and declined from Jun. 2023 (HK$19,089 Mil) to Sep. 2023 (HK$17,376 Mil).

Tencent Holdings's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (HK$20,205 Mil) to Dec. 2022 (HK$20,574 Mil) but then declined from Dec. 2022 (HK$20,574 Mil) to Dec. 2023 (HK$18,012 Mil).

Tencent Holdings Long-Term Capital Lease Obligation Historical Data

The historical data trend for Tencent 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.

* Premium members only.

Tencent Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

9,378.26

12,089.04

20,204.94

20,574.35

18,012.35

Tencent Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Long-Term Capital Lease Obligation																20,574.35	19,278.63	19,088.66	17,375.69	18,012.35

Tencent Holdings (LTS:0Z4S) 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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Tencent Holdings (LTS:0Z4S) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Tencent Holdings Ltd (LTS:0Z4S) » Definitions » Long-Term Capital Lease Obligation

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Traded in Other Exchanges

TCTZF:USA TCEHY:USA TCEHY:Mexico 00700:Hong Kong NNN:Germany NNND:Austria

Address

No. 33 Haitian 2nd Road, Tencent Binhai Towers, Nanshan District, Shenzhen, CHN, 518054

Website

http://www.tencent.com

Tencent is arguably the most influential internet firm in China as one can hardly go by a day without using its products. Tencent is the world's largest video game vendor and owns the world's top-grossing mobile game--Honor of Kings. Tencent also runs China's largest social media super app--WeChat. The app is now part of the fabric of life for Chinese people who use it to chat, shop, watch videos, play games, order food and taxis, and more. Equally as impressive as its own portfolio, Tencent is also among the world's largest venture capital and investment corporations. The firm is now one of the largest shareholders in leading tech companies like Meituan, JD, DiDi, Snap, PDD, Kuaishou, Epic Games, and more.

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