GDS Holdings (FRA:G40) Long-Term Capital Lease Obligation : €1,193 Mil (As of Dec. 2023)

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What is GDS Holdings Long-Term Capital Lease Obligation?

GDS Holdings's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was €1,193 Mil.

GDS Holdings's quarterly Long-Term Capital Lease Obligation declined from Jun. 2023 (€1,274 Mil) to Sep. 2023 (€1,217 Mil) and declined from Sep. 2023 (€1,217 Mil) to Dec. 2023 (€1,193 Mil).

GDS Holdings's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (€1,503 Mil) to Dec. 2022 (€1,426 Mil) and declined from Dec. 2022 (€1,426 Mil) to Dec. 2023 (€1,193 Mil).

GDS Holdings Long-Term Capital Lease Obligation Historical Data

The historical data trend for GDS 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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GDS Holdings Long-Term Capital Lease Obligation Chart

GDS Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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700.77

1,211.86

1,503.01

1,426.39

1,193.12

GDS Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															1,426.39	1,322.64	1,274.40	1,216.58	1,193.12

GDS Holdings (FRA:G40) 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.

GDS Holdings Long-Term Capital Lease Obligation Related Terms

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GDS Holdings (FRA:G40) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » GDS Holdings Ltd (FRA:G40) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

GDS:USA GDS:Mexico 09698:Hong Kong G401:Germany G401:Germany G40:Germany G1DS34:Brazil

Address

No. 999 Zhouhai Road, F4/F5, Building C, Sunland International, Pudong, Shanghai, CHN, 200137

Website

https://www.gds-services.com

GDS Holdings started as an IT service provider in 2001 then moved to the data center business with its first self-developed data center opening in 2010. The company now develops and operates data centers in China and also builds, operates and transfers data centers for other clients. It offers colocation and managed services and mainly targets hyperscale cloud service customers who take large areas of its data centers or even whole data centers under long-term contracts. It has aggressively raised capital over the past four years for expansion. Its data centers are located predominantly in and around the Tier 1 cities in China and it has also started an expanding into Southeast Asia. GDS listed on the NASDAQ in 2016 and completed a secondary listing in Hong Kong in 2020.

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