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Tam Jai International Co (FRA:29S) Long-Term Capital Lease Obligation : €59.1 Mil (As of Sep. 2023)


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What is Tam Jai International Co Long-Term Capital Lease Obligation?

Tam Jai International Co's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2023 was €59.1 Mil.

Tam Jai International Co's quarterly Long-Term Capital Lease Obligation declined from Sep. 2022 (€58.8 Mil) to Mar. 2023 (€51.9 Mil) but then increased from Mar. 2023 (€51.9 Mil) to Sep. 2023 (€59.1 Mil).

Tam Jai International Co's annual Long-Term Capital Lease Obligation increased from Mar. 2021 (€31.6 Mil) to Mar. 2022 (€45.1 Mil) and increased from Mar. 2022 (€45.1 Mil) to Mar. 2023 (€51.9 Mil).


Tam Jai International Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Tam Jai International Co'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.

Tam Jai International Co Long-Term Capital Lease Obligation Chart

Tam Jai International Co Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial 32.37 31.58 45.08 51.91 50.05

Tam Jai International Co Semi-Annual Data
Mar19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Long-Term Capital Lease Obligation Get a 7-Day Free Trial Premium Member Only Premium Member Only 45.08 58.82 51.91 59.06 50.05

Tam Jai International Co  (FRA:29S) 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.

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Tam Jai International Co (FRA:29S) Business Description

Traded in Other Exchanges
Address
No. 9 Cheung Yee Street, 8th Floor of D2 Place ONE, Cheung Sha Wan, Kowloon, Hong Kong, HKG
Tam Jai International Co Ltd is a chain restaurant operator for fast casual restaurant chains, with operations in Mainland China and Singapore. It generates maximum revenue from Hong Kong.

Tam Jai International Co (FRA:29S) Headlines

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