GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Chanson International Holding (NAS:CHSN) » Definitions » Long-Term Capital Lease Obligation

Chanson International Holding (Chanson International Holding) Long-Term Capital Lease Obligation : $11.69 Mil (As of Dec. 2023)


View and export this data going back to 2023. Start your Free Trial

What is Chanson International Holding Long-Term Capital Lease Obligation?

Chanson International Holding's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $11.69 Mil.

Chanson International Holding's quarterly Long-Term Capital Lease Obligation declined from Dec. 2022 ($12.62 Mil) to Jun. 2023 ($11.97 Mil) and declined from Jun. 2023 ($11.97 Mil) to Dec. 2023 ($11.69 Mil).

Chanson International Holding's annual Long-Term Capital Lease Obligation increased from Dec. 2021 ($9.85 Mil) to Dec. 2022 ($12.62 Mil) but then declined from Dec. 2022 ($12.62 Mil) to Dec. 2023 ($11.69 Mil).


Chanson International Holding Long-Term Capital Lease Obligation Historical Data

The historical data trend for Chanson International Holding'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.

Chanson International Holding Long-Term Capital Lease Obligation Chart

Chanson International Holding Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial 6.77 9.25 9.85 12.62 11.69

Chanson International Holding Semi-Annual Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Long-Term Capital Lease Obligation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 9.85 13.54 12.62 11.97 11.69

Chanson International Holding  (NAS:CHSN) 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.

Chanson International Holding Long-Term Capital Lease Obligation Related Terms

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


Chanson International Holding (Chanson International Holding) Business Description

Traded in Other Exchanges
N/A
Address
No. 26 Culture Road, Tianshan District, Urumqi, Xinjiang, CHN
Chanson International Holding manufactures and sells a wide selection of bakery products, seasonal products, and beverage products; some of these stores also offer eat-in services. It focuses to make healthy, nutritious, and ready-to-eat food through advanced facilities and industry research and to create a comfortable, yet distinguishable store environment in which customers can enjoy their products.

Chanson International Holding (Chanson International Holding) Headlines