China XLX Fertiliser (HKSE:01866) Long-Term Capital Lease Obligation : HK$269 Mil (As of Dec. 2023)

View and export this data going back to 2009. Start your Free Trial

What is China XLX Fertiliser Long-Term Capital Lease Obligation?

China XLX Fertiliser's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$269 Mil.

China XLX Fertiliser's quarterly Long-Term Capital Lease Obligation increased from Dec. 2022 (HK$541 Mil) to Jun. 2023 (HK$693 Mil) but then declined from Jun. 2023 (HK$693 Mil) to Dec. 2023 (HK$269 Mil).

China XLX Fertiliser's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (HK$607 Mil) to Dec. 2022 (HK$541 Mil) and declined from Dec. 2022 (HK$541 Mil) to Dec. 2023 (HK$269 Mil).

China XLX Fertiliser Long-Term Capital Lease Obligation Historical Data

The historical data trend for China XLX Fertiliser'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.

China XLX Fertiliser Long-Term Capital Lease Obligation Chart

China XLX Fertiliser Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

425.75

689.13

606.77

540.71

268.79

China XLX Fertiliser Semi-Annual Data
	Jun14	Dec14	Jun15	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															606.77	513.72	540.71	693.48	268.79

China XLX Fertiliser (HKSE:01866) 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.

China XLX Fertiliser Long-Term Capital Lease Obligation Related Terms

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

China XLX Fertiliser (HKSE:01866) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » China XLX Fertiliser Ltd (HKSE:01866) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

Xinxiang Economic Development Zone, Henan Province, Xinxiang, CHN, 453731

Website

http://www.chinaxlx.com.hk

China XLX Fertiliser Ltd is an investment holding company engaged in the manufacturing and sale of fertilizers. It operates in the following segments: Urea, Compound fertilizer, DME (dimethyl ether), Methanol, Melamine, Urea Solution for vehicles, Furfuryl alcohol, Medical Intermediate, and others. Its geographical segments are China and Overseas, of which China accounts for the vast majority of its revenue.

China XLX Fertiliser (HKSE:01866) Headlines

No Headlines