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Kato (Hong Kong) Holdings (HKSE:02189) Long-Term Capital Lease Obligation : HK$135.6 Mil (As of Sep. 2023)


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What is Kato (Hong Kong) Holdings Long-Term Capital Lease Obligation?

Kato (Hong Kong) Holdings's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$135.6 Mil.

Kato (Hong Kong) Holdings's quarterly Long-Term Capital Lease Obligation declined from Sep. 2022 (HK$160.8 Mil) to Mar. 2023 (HK$149.5 Mil) and declined from Mar. 2023 (HK$149.5 Mil) to Sep. 2023 (HK$135.6 Mil).

Kato (Hong Kong) Holdings's annual Long-Term Capital Lease Obligation declined from Mar. 2021 (HK$197.6 Mil) to Mar. 2022 (HK$173.2 Mil) and declined from Mar. 2022 (HK$173.2 Mil) to Mar. 2023 (HK$149.5 Mil).


Kato (Hong Kong) Holdings Long-Term Capital Lease Obligation Historical Data

The historical data trend for Kato (Hong Kong) 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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Kato (Hong Kong) Holdings Long-Term Capital Lease Obligation Chart

Kato (Hong Kong) Holdings Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial - 121.79 197.62 173.23 149.48

Kato (Hong Kong) Holdings Semi-Annual Data
Mar16 Mar17 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 185.47 173.23 160.76 149.48 135.63

Kato (Hong Kong) Holdings  (HKSE:02189) 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.

Kato (Hong Kong) Holdings Long-Term Capital Lease Obligation Related Terms

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Kato (Hong Kong) Holdings (HKSE:02189) Business Description

Traded in Other Exchanges
N/A
Address
No. 3 Tsing Ling Path, 1st Floor, Tung Wai Court, Tuen Mun, New Territories, Hong Kong, HKG
Kato (Hong Kong) Holdings Ltd is an established operator of residential care homes and daycare services for the elderly in Hong Kong. The company offers a wide range of residential care services for the elderly including; the provision of accommodation, professional nursing and care-taking services, nutritional management, medical services, physiotherapy and occupational therapy services, individual care plans and recreational services; and the sale of healthcare and medical goods and the provision of add-on healthcare services to residents.
Executives
Ngai Shi Shing Godfrey 2101 Beneficial owner
Wei Xiaoling 2202 Interest of your spouse
Wei Xiaoling 2202 Interest of your spouse
Lam Kong 2101 Beneficial owner
Kwong Kai To 2202 Interest of your spouse
Ngai Ka Yee 2101 Beneficial owner
Sheung Fung Limited 2101 Beneficial owner
Shi Fung (ptc) Limited 2301 Trustee

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