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Imperium Technology Group (HKSE:00776) Long-Term Capital Lease Obligation : HK$2.83 Mil (As of Dec. 2024)


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What is Imperium Technology Group Long-Term Capital Lease Obligation?

Imperium Technology Group's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2024 was HK$2.83 Mil.

Imperium Technology Group's quarterly Long-Term Capital Lease Obligation declined from Dec. 2023 (HK$1.69 Mil) to Jun. 2024 (HK$0.41 Mil) but then increased from Jun. 2024 (HK$0.41 Mil) to Dec. 2024 (HK$2.83 Mil).

Imperium Technology Group's annual Long-Term Capital Lease Obligation declined from Dec. 2022 (HK$3.86 Mil) to Dec. 2023 (HK$1.69 Mil) but then increased from Dec. 2023 (HK$1.69 Mil) to Dec. 2024 (HK$2.83 Mil).


Imperium Technology Group Long-Term Capital Lease Obligation Historical Data

The historical data trend for Imperium Technology 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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Imperium Technology Group Long-Term Capital Lease Obligation Chart

Imperium Technology Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.68 5.39 3.86 1.69 2.83

Imperium Technology Group Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 3.86 2.44 1.69 0.41 2.83

Imperium Technology Group  (HKSE:00776) 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.

Imperium Technology Group Long-Term Capital Lease Obligation Related Terms

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Imperium Technology Group Business Description

Traded in Other Exchanges
Address
No. 181 Hoi Bun Road, Room 02, 26th Floor, One Harbour Square, Kwun Tong, Kowloon, Hong Kong, HKG
Imperium Technology Group Ltd publishes licensed online games, including Jiuyin Zhenjing in the Southeast Asia region and Champion Horse Racing over the world. Its segments include Online game, Cloud computing and data storage, Esports, Household products, Property investment, and Money lending. It derives the majority of its revenue from Esports that participates in esports competitions, streaming and marketing event, and merchandise sales. It licenses online games from game developers and earns game publishing service revenue by making a localized version of the licensed games and publishing them to the game players through distribution platforms, include online application stores, web based and mobile game portals in certain countries and regions, including the Group's websites.
Executives
Diamond State Holdings Limited
Cheng Ting Kong

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