Guangshen Railway Co (Guangshen Railway Co) Long-Term Capital Lease Obligation : $184 Mil (As of Mar. 2024)

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What is Guangshen Railway Co Long-Term Capital Lease Obligation?

Guangshen Railway Co's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was $184 Mil.

Guangshen Railway Co's quarterly Long-Term Capital Lease Obligation increased from Sep. 2023 ($182 Mil) to Dec. 2023 ($186 Mil) but then declined from Dec. 2023 ($186 Mil) to Mar. 2024 ($184 Mil).

Guangshen Railway Co's annual Long-Term Capital Lease Obligation declined from Dec. 2021 ($207 Mil) to Dec. 2022 ($190 Mil) and declined from Dec. 2022 ($190 Mil) to Dec. 2023 ($186 Mil).

Guangshen Railway Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Guangshen Railway 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.

Guangshen Railway Co Long-Term Capital Lease Obligation Chart

Guangshen Railway Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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159.39

201.20

207.38

189.94

185.83

Guangshen Railway Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															192.26	185.10	181.73	185.83	184.31

Guangshen Railway Co (OTCPK:GNGYF) 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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Guangshen Railway Co (Guangshen Railway Co) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Guangshen Railway Co Ltd (OTCPK:GNGYF) » Definitions » Long-Term Capital Lease Obligation

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Traded in Other Exchanges

00525:Hong Kong GRCH:Germany 601333:China

Address

No. 1052, Heping Road, Guangdong Province, Luohu District, Shenzhen, CHN, 518010

Website

https://www.gsrc.com

Guangshen Railway Co Ltd is one of the key railway operators in southern China's relatively prosperous Guangdong province. It provides both passenger and freight transportation through its wholly owned Guangzhou Shenzhen intercity express rail line and Guangzhou Pingshi rail line, as well as a few long-distance passenger lines. Its operating segment includes The Railway Transportation Business and others. The majority of revenue is generated from the railway transportation business segment.

Guangshen Railway Co (Guangshen Railway Co) Headlines

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