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E. Bon Holdings (HKSE:00599) Long-Term Capital Lease Obligation : HK$12.3 Mil (As of Sep. 2023)


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What is E. Bon Holdings Long-Term Capital Lease Obligation?

E. Bon Holdings's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$12.3 Mil.

E. Bon Holdings's quarterly Long-Term Capital Lease Obligation declined from Sep. 2022 (HK$14.1 Mil) to Mar. 2023 (HK$8.5 Mil) but then increased from Mar. 2023 (HK$8.5 Mil) to Sep. 2023 (HK$12.3 Mil).

E. Bon Holdings's annual Long-Term Capital Lease Obligation declined from Mar. 2021 (HK$41.9 Mil) to Mar. 2022 (HK$22.1 Mil) and declined from Mar. 2022 (HK$22.1 Mil) to Mar. 2023 (HK$8.5 Mil).


E. Bon Holdings Long-Term Capital Lease Obligation Historical Data

The historical data trend for E. Bon 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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E. Bon Holdings Long-Term Capital Lease Obligation Chart

E. Bon Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 43.93 41.92 22.09 8.46

E. Bon Holdings Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 32.77 22.09 14.10 8.46 12.29

E. Bon Holdings  (HKSE:00599) 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.

E. Bon Holdings Long-Term Capital Lease Obligation Related Terms

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E. Bon Holdings (HKSE:00599) Business Description

Traded in Other Exchanges
N/A
Address
33 Leighton Road, 16th - 18th Floors, First Commercial Building, Causeway Bay, Hong Kong, HKG
E. Bon Holdings Ltd is an investment holding company. The company through its subsidiaries is engaged in importing, wholesale, and installation of architectural builder's hardware, bathroom, kitchen collections, and furniture. Its reportable operating segments are Architectural builders' hardware and Kitchen collection and furniture. The group generates a vast majority of the revenue from Hong Kong.
Executives
Universal Star Group Ltd. 2101 Beneficial owner
Happy Voice Ltd. 2101 Beneficial owner
New Happy Times Ltd. 2101 Beneficial owner
Fast Way Management Limited 2101 Beneficial owner
Tse Hon Kit Kevin 2201 Interest of corporation controlled by you
Tse Sun Wai Albert 2201 Interest of corporation controlled by you
Tse Sun Po Tony 2201 Interest of corporation controlled by you
Tse Sun Fat Henry 2201 Interest of corporation controlled by you
Lim Mee Hwa 2101 Beneficial owner
Yeo Seng Chong 2101 Beneficial owner

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