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Quhuo (FRA:9J40) Long-Term Capital Lease Obligation : €0.2 Mil (As of Dec. 2024)


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What is Quhuo Long-Term Capital Lease Obligation?

Quhuo's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2024 was €0.2 Mil.

Quhuo's quarterly Long-Term Capital Lease Obligation increased from Dec. 2023 (€0.2 Mil) to Jun. 2024 (€0.4 Mil) but then declined from Jun. 2024 (€0.4 Mil) to Dec. 2024 (€0.2 Mil).

Quhuo's annual Long-Term Capital Lease Obligation increased from Dec. 2022 (€0.1 Mil) to Dec. 2023 (€0.2 Mil) and increased from Dec. 2023 (€0.2 Mil) to Dec. 2024 (€0.2 Mil).


Quhuo Long-Term Capital Lease Obligation Historical Data

The historical data trend for Quhuo'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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Quhuo Long-Term Capital Lease Obligation Chart

Quhuo Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial 1.84 0.20 0.15 0.18 0.21

Quhuo Semi-Annual Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Long-Term Capital Lease Obligation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.15 0.27 0.18 0.44 0.21

Quhuo  (FRA:9J40) 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.

Quhuo Long-Term Capital Lease Obligation Related Terms

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Quhuo Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Quhuo Ltd (FRA:9J40) » Definitions » Long-Term Capital Lease Obligation
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Address
Huihe South Street, 3F, Building A, No. 1 South Bank, Xinanmen, Chaoyang District, Beijing, CHN, 100020
Quhuo Ltd is a gig economy platform focusing on local life services in China. It provide tech-enabled, end-to-end operational solutions to consumer service businesses, including on-demand delivery solutions, mobility service solutions, housekeeping and accommodation solutions, and other services. Its three operating segments, include (i) on-demand delivery solutions, (ii) mobility service solutions, and (iii) housekeeping and accommodation solutions and other services.

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