DCHIY (Digital China Holdings) Long-Term Capital Lease Obligation : $7 Mil (As of Jun. 2024)

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What is Digital China Holdings Long-Term Capital Lease Obligation?

Digital China Holdings's Long-Term Capital Lease Obligation for the quarter that ended in Jun. 2024 was $7 Mil.

Digital China Holdings's quarterly Long-Term Capital Lease Obligation declined from Jun. 2023 ($10 Mil) to Dec. 2023 ($8 Mil) and declined from Dec. 2023 ($8 Mil) to Jun. 2024 ($7 Mil).

Digital China Holdings's annual Long-Term Capital Lease Obligation declined from Dec. 2021 ($14 Mil) to Dec. 2022 ($8 Mil) but then increased from Dec. 2022 ($8 Mil) to Dec. 2023 ($8 Mil).

Digital China Holdings Long-Term Capital Lease Obligation Historical Data

The historical data trend for Digital China 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.

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Digital China Holdings Long-Term Capital Lease Obligation Chart

Digital China Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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7.76

6.53

13.69

7.70

8.05

Digital China Holdings Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															10.24	7.70	9.95	8.05	7.01

Digital China Holdings (OTCPK:DCHIY) 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.

Digital China Holdings Long-Term Capital Lease Obligation Related Terms

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Digital China Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Digital China Holdings Ltd (OTCPK:DCHIY) » Definitions » Long-Term Capital Lease Obligation

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Traded in Other Exchanges

DCHIF:USA 910861:Taiwan 00861:Hong Kong DIN:Germany

Address

77-79 Gloucester Road, 31st Floor, Fortis Tower, Wanchai, Hong Kong, HKG

Website

https://www.dcholdings.com

Digital China Holdings Ltd is a holding company that through its subsidiaries provides information technology services. The company organizes itself into three primary segments based on the services provided. such as The Big Data Products and Solutions business segment, The Software and Operating Services business segment, and The Traditional and Localization Services business segment. The company generates the majority of its revenue from the Traditional and Localization Services segment.

Digital China Holdings Headlines

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