China Education Resources (China Education Resources) Long-Term Capital Lease Obligation : $0.01 Mil (As of Sep. 2021)

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

What is China Education Resources Long-Term Capital Lease Obligation?

China Education Resources's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2021 was $0.01 Mil.

China Education Resources's quarterly Long-Term Capital Lease Obligation declined from Mar. 2021 ($0.03 Mil) to Jun. 2021 ($0.02 Mil) and declined from Jun. 2021 ($0.02 Mil) to Sep. 2021 ($0.01 Mil).

China Education Resources's annual Long-Term Capital Lease Obligation increased from Dec. 2018 ($0.00 Mil) to Dec. 2019 ($0.07 Mil) but then declined from Dec. 2019 ($0.07 Mil) to Dec. 2020 ($0.03 Mil).

China Education Resources Long-Term Capital Lease Obligation Historical Data

The historical data trend for China Education Resources'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.

China Education Resources Long-Term Capital Lease Obligation Chart

China Education Resources Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

0.07

0.03

China Education Resources Quarterly Data
	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															0.05	0.03	0.03	0.02	0.01

China Education Resources (OTCPK:CHNUF) 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.

China Education Resources Long-Term Capital Lease Obligation Related Terms

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

China Education Resources (China Education Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » China Education Resources Inc (OTCPK:CHNUF) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

515 West Pender Street, Suite 300, Vancouver, BC, CAN, V6B 6H5

Website

http://www.chinaeducationresources.com

China Education Resources Inc provides an education internet portal with educational content, resources, and training programs to users and distributes educational textbooks and materials developed to bookstores and schools in China. The operations of the company are primarily in two geographic areas: Canada and China. China generates maximum revenue for the company.

China Education Resources (China Education Resources) Headlines

From GuruFocus

China Education Resources Inc. made $1,357,757 US dollars net profit in 2017

By Marketwired Marketwired • 05-01-2018

China Education Resources Inc. Reports Q1 2018 Financial Results

By Marketwired Marketwired • 05-31-2018