GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » National United Resources Holdings Ltd (HKSE:00254) » Definitions » Long-Term Capital Lease Obligation

National United Resources Holdings (HKSE:00254) Long-Term Capital Lease Obligation : HK$0.4 Mil (As of Dec. 2023)


View and export this data going back to 1972. Start your Free Trial

What is National United Resources Holdings Long-Term Capital Lease Obligation?

National United Resources Holdings's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$0.4 Mil.

National United Resources Holdings's quarterly Long-Term Capital Lease Obligation declined from Jun. 2022 (HK$1.1 Mil) to Jun. 2023 (HK$0.5 Mil) and declined from Jun. 2023 (HK$0.5 Mil) to Dec. 2023 (HK$0.4 Mil).

National United Resources Holdings's annual Long-Term Capital Lease Obligation declined from Dec. 2018 (HK$85.6 Mil) to Dec. 2019 (HK$41.8 Mil) and declined from Dec. 2019 (HK$41.8 Mil) to Dec. 2020 (HK$10.8 Mil).


National United Resources Holdings Long-Term Capital Lease Obligation Historical Data

The historical data trend for National United Resources 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.

* Premium members only.

National United Resources Holdings Long-Term Capital Lease Obligation Chart

National United Resources Holdings Annual Data
Trend Jun11 Jun12 Jun13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 173.70 137.30 85.62 41.81 10.77

National United Resources Holdings Semi-Annual Data
Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Jun23 Dec23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.97 1.66 1.13 0.53 0.41

National United Resources Holdings  (HKSE:00254) 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.

National United Resources Holdings Long-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of National United Resources Holdings's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.


National United Resources Holdings (HKSE:00254) Business Description

Traded in Other Exchanges
N/A
Address
213 Queen's Road East, Unit 2806, 28th Floor, Wu Chung House, Wanchai, Hong Kong, HKG
National United Resources Holdings Ltd is an investment holding company. The company is engaged in car rental and shuttle bus services business through the TMTC Group. The TMTC Group has 700 electric buses and fuel buses over vehicles in total with capacity of 5 to 59 seats. The car rental and shuttle bus services business serves with particular capacity requirements, type of vehicles, point to point services, contracted tailor-made services, routes/commute served with specified timetable to employees/students of institutional customers between the working places/schools to different residential communities; car rental without chauffeur; and car rental with chauffeur for trip on business, leisure and various government grand events purposes.
Executives
Ji Kaiping 2201 Interest of corporation controlled by you
Thousand Joy Limited 2101 Beneficial owner
Guo Peiyuan 2201 Interest of corporation controlled by you
Hontin Ocean Resources Limited 2101 Beneficial owner
Tian Xin 2101 Beneficial owner
Hot Mediatech Group Pte. Ltd. 2101 Beneficial owner
Li Jiayi 2201 Interest of corporation controlled by you

National United Resources Holdings (HKSE:00254) Headlines

No Headlines