Riverine China Holdings (HKSE:01417) Long-Term Capital Lease Obligation : HK$169 Mil (As of Dec. 2023)

View and export this data going back to 2017. Start your Free Trial

What is Riverine China Holdings Long-Term Capital Lease Obligation?

Riverine China Holdings's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$169 Mil.

Riverine China Holdings's quarterly Long-Term Capital Lease Obligation declined from Dec. 2022 (HK$189 Mil) to Jun. 2023 (HK$176 Mil) and declined from Jun. 2023 (HK$176 Mil) to Dec. 2023 (HK$169 Mil).

Riverine China Holdings's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (HK$219 Mil) to Dec. 2022 (HK$189 Mil) and declined from Dec. 2022 (HK$189 Mil) to Dec. 2023 (HK$169 Mil).

Riverine China Holdings Long-Term Capital Lease Obligation Historical Data

The historical data trend for Riverine China 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.

Riverine China Holdings Long-Term Capital Lease Obligation Chart

Riverine China Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

4.95

219.27

188.98

169.13

Riverine China Holdings Semi-Annual Data
	Dec14	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial													219.27	201.30	188.98	176.13	169.13

Riverine China Holdings (HKSE:01417) 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.

Riverine China Holdings Long-Term Capital Lease Obligation Related Terms

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

Riverine China Holdings (HKSE:01417) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Riverine China Holdings Ltd (HKSE:01417) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

28 South Zhongshan Road, 14th Floor, Jiushi Tower, Shanghai, CHN, 200010

Website

http://www.riverinepm.com

Riverine China Holdings Ltd is an investment holding company that provides property management services in China. Its property management services include standard property management services and value-added services including various kinds of consultancy services relating to or ancillary to property management. Its businesses are involved in office buildings, hotels, commercial establishments, government properties, and residential properties. The group has three reportable operating segments, which are engaged in property management services, urban sanitary services, and sublease services from investment properties.

Riverine China Holdings (HKSE:01417) Headlines

No Headlines