Far East Horizon (Far East Horizon) Long-Term Capital Lease Obligation : $99 Mil (As of Dec. 2023)

View and export this data going back to 2012. Start your Free Trial

What is Far East Horizon Long-Term Capital Lease Obligation?

Far East Horizon's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $99 Mil.

Far East Horizon's quarterly Long-Term Capital Lease Obligation declined from Dec. 2022 ($52 Mil) to Jun. 2023 ($49 Mil) but then increased from Jun. 2023 ($49 Mil) to Dec. 2023 ($99 Mil).

Far East Horizon's annual Long-Term Capital Lease Obligation declined from Dec. 2021 ($70 Mil) to Dec. 2022 ($52 Mil) but then increased from Dec. 2022 ($52 Mil) to Dec. 2023 ($99 Mil).

Far East Horizon Long-Term Capital Lease Obligation Historical Data

The historical data trend for Far East Horizon'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.

Far East Horizon Long-Term Capital Lease Obligation Chart

Far East Horizon Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

233.36

89.16

69.61

51.99

99.04

Far East Horizon Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															69.61	55.03	51.99	49.08	99.04

Far East Horizon (OTCPK:FEHZY) 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.

Far East Horizon Long-Term Capital Lease Obligation Related Terms

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

Far East Horizon (Far East Horizon) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Far East Horizon Ltd (OTCPK:FEHZY) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

03360:Hong Kong F6H:Germany

Address

1 Austin Road West, Unit 6608, 66th Floor, International Commerce Centre, Kowloon, Hong Kong, HKG

Website

https://www.fehorizon.com

Far East Horizon Ltd is a specialty finance provider. Its services entail integrated finance, investment, trade, advisory and engineering services in healthcare, infrastructure construction, electronic information, packaging, transportation and other sectors. The company operates in two segments. The Financial, lease, and advisory business is the highest revenue-generating segment for the company that deals with the provision of direct finance leasing, sale-leaseback, factoring, entrusted loans, and advisory services. The industrial operation and management business segment deals with the import and export trade and domestic trade of medical equipment, the provision of trade agency services, medical engineering, hospital and healthcare management, and ship brokerage services.

Far East Horizon (Far East Horizon) Headlines

No Headlines