Chaoda Modern Agriculture (Holdings) (FRA:CHA) Long-Term Capital Lease Obligation : €0.03 Mil (As of Dec. 2023)

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What is Chaoda Modern Agriculture (Holdings) Long-Term Capital Lease Obligation?

Chaoda Modern Agriculture (Holdings)'s Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0.03 Mil.

Chaoda Modern Agriculture (Holdings)'s quarterly Long-Term Capital Lease Obligation declined from Dec. 2022 (€0.28 Mil) to Jun. 2023 (€0.09 Mil) and declined from Jun. 2023 (€0.09 Mil) to Dec. 2023 (€0.03 Mil).

Chaoda Modern Agriculture (Holdings)'s annual Long-Term Capital Lease Obligation increased from Jun. 2021 (€0.01 Mil) to Jun. 2022 (€0.13 Mil) but then declined from Jun. 2022 (€0.13 Mil) to Jun. 2023 (€0.09 Mil).

Chaoda Modern Agriculture (Holdings) Long-Term Capital Lease Obligation Historical Data

The historical data trend for Chaoda Modern Agriculture (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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Chaoda Modern Agriculture (Holdings) Long-Term Capital Lease Obligation Chart

Chaoda Modern Agriculture (Holdings) Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Long-Term Capital Lease Obligation

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0.48

0.01

0.13

0.09

Chaoda Modern Agriculture (Holdings) 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															-	0.13	0.28	0.09	0.03

Chaoda Modern Agriculture (Holdings) (FRA:CHA) 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.

Chaoda Modern Agriculture (Holdings) Long-Term Capital Lease Obligation Related Terms

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Chaoda Modern Agriculture (Holdings) (FRA:CHA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Chaoda Modern Agriculture (Holdings) Ltd (FRA:CHA) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

CMGHF:USA 00682:Hong Kong CHA:Germany

Address

133 Wan Chai Road, Room B, 21st Floor, Times Media Centre, Wanchai, Hong Kong, HKG

Website

http://www.chaoda.hk.cn

Chaoda Modern Agriculture (Holdings) Ltd operates as an investment holding company, which engages in the production and sale of agricultural products. The company's main businesses include the growing and sales of crops, as well as the breeding and sales of livestock. The firm earns a majority of its revenue from the sales of crops in Hong Kong.