QuantaSing Group (FRA:MK60) Long-Term Capital Lease Obligation : €0.3 Mil (As of Dec. 2024)

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What is QuantaSing Group Long-Term Capital Lease Obligation?

QuantaSing Group's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2024 was €0.3 Mil.

QuantaSing Group's quarterly Long-Term Capital Lease Obligation declined from Jun. 2024 (€2.2 Mil) to Sep. 2024 (€0.4 Mil) and declined from Sep. 2024 (€0.4 Mil) to Dec. 2024 (€0.3 Mil).

QuantaSing Group's annual Long-Term Capital Lease Obligation increased from Jun. 2022 (€0.9 Mil) to Jun. 2023 (€6.8 Mil) but then declined from Jun. 2023 (€6.8 Mil) to Jun. 2024 (€2.2 Mil).

QuantaSing Group Long-Term Capital Lease Obligation Historical Data

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

QuantaSing Group Annual Data

Trend

Jun21

Jun22

Jun23

Jun24

Long-Term Capital Lease Obligation

0.25

0.93

6.81

2.18

QuantaSing Group Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial										5.40	3.75	2.18	0.37	0.32

QuantaSing Group (FRA:MK60) 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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QuantaSing Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » QuantaSing Group Ltd (FRA:MK60) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

QSG:USA

Address

Ronsin Technology Center, 2nd Floor, Building D, Chaoyang District, Beijing, CHN, 100102

Website

https://www.liangzizhige.com

QuantaSing Group Ltd is a learning service provider in China's adult learning market for personal interest courses. It offers easy-to-understand, affordable, and accessible online courses to adult learners under various brands, including QiNiu, Kelly, and QianChi among others empowering them to pursue personal development. The company offers courses for various domains such as financial literacy, skill upgrading, recreation, and leisure which are offered in live large-class dual-instructor mode, online community-based training camp mode, and in live lecture, one-on-one tutoring mode. Its segments are; Learning service and others which derives key revenue, and Consumer business. Geographically, the company generates all of its revenue from the People's Republic of China.

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