GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Kidsland International Holdings Ltd (HKSE:02122) » Definitions » Long-Term Capital Lease Obligation

Kidsland International Holdings (HKSE:02122) Long-Term Capital Lease Obligation : HK$34 Mil (As of Dec. 2023)


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

What is Kidsland International Holdings Long-Term Capital Lease Obligation?

Kidsland International Holdings's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$34 Mil.

Kidsland International Holdings's quarterly Long-Term Capital Lease Obligation declined from Dec. 2022 (HK$52 Mil) to Jun. 2023 (HK$41 Mil) and declined from Jun. 2023 (HK$41 Mil) to Dec. 2023 (HK$34 Mil).

Kidsland International Holdings's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (HK$85 Mil) to Dec. 2022 (HK$52 Mil) and declined from Dec. 2022 (HK$52 Mil) to Dec. 2023 (HK$34 Mil).


Kidsland International Holdings Long-Term Capital Lease Obligation Historical Data

The historical data trend for Kidsland International 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.

Kidsland International Holdings Long-Term Capital Lease Obligation Chart

Kidsland International 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 Premium Member Only Premium Member Only 101.47 69.85 85.40 52.36 33.90

Kidsland International Holdings Semi-Annual Data
Dec14 Dec15 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 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 85.40 69.88 52.36 40.51 33.90

Kidsland International Holdings  (HKSE:02122) 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.

Kidsland International Holdings Long-Term Capital Lease Obligation Related Terms

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


Kidsland International Holdings (HKSE:02122) Business Description

Traded in Other Exchanges
N/A
Address
20 Jiuxianqiao Road, Level 9 One Indigo, Chaoyang District, Beijing, CHN
Kidsland International Holdings Ltd is an investment holding company engaged in toy and related lifestyle product retailing and wholesaling in Mainland China and Hong Kong. Its operating segments are the PRC and Hong Kong and overseas of which a majority of revenue is derived from the PRC. The group sells toys and related lifestyle products through self-operated retail channels; and wholesale channels.
Executives
Eurojoy Limited 2101 Beneficial owner
Lee Ching Yiu
Tang Hoi Lun
Asian Glory Holdings Ltd.
Eurojoy Limited 2101 Beneficial owner
Fcpr Cathay Capital Ii 2201 Interest of corporation controlled by you

Kidsland International Holdings (HKSE:02122) Headlines

No Headlines