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Ares Asia (HKSE:00645) Short-Term Capital Lease Obligation

: HK$1.9 Mil (As of Sep. 2023)
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Ares Asia's Short-Term Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$1.9 Mil.

Ares Asia's quarterly Short-Term Capital Lease Obligation increased from Sep. 2022 (HK$2.2 Mil) to Mar. 2023 (HK$2.3 Mil) but then declined from Mar. 2023 (HK$2.3 Mil) to Sep. 2023 (HK$1.9 Mil).

Ares Asia's annual Short-Term Capital Lease Obligation increased from Mar. 2021 (HK$1.1 Mil) to Mar. 2022 (HK$2.2 Mil) and increased from Mar. 2022 (HK$2.2 Mil) to Mar. 2023 (HK$2.3 Mil).


Ares Asia Short-Term Capital Lease Obligation Historical Data

The historical data trend for Ares Asia's Short-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.

Ares Asia Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Short-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 2.49 1.08 2.17 2.28

Ares Asia Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Short-Term Capital Lease Obligation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.14 2.17 2.23 2.28 1.89

Ares Asia Short-Term Capital Lease Obligation Explanation

Short-Term Capital Lease Obligation represents the total amount of Long-Term Capital Lease Obligation that must be paid within the next accounting period. Capital lease obligations are contractual obligations that arise from obtaining the use of property or equipment via a capital lease contract.


Ares Asia Short-Term Capital Lease Obligation Related Terms

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Ares Asia (HKSE:00645) Business Description

Industry
Traded in Other Exchanges
N/A
Address
1 Austin Road West, Unit No. 9608, Level 96, International Commerce Centre, Kowloon, Hong Kong, HKG
Ares Asia Ltd is an investment holding company. The group is principally engaged in the business of coal trading, entailing the selling of coal purchased from various countries to Mainland China and other commodities trading, which encompasses supply chain management and risk management service. Its business falls under the primary segment of Coal and other trading. Geographically, the group has a business presence in Mainland China, Hong Kong, and other countries, of which maximum revenue is derived from Mainland China.

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