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Voicecomm Technology Co (HKSE:02495) Long-Term Capital Lease Obligation : HK$11.3 Mil (As of Dec. 2024)


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What is Voicecomm Technology Co Long-Term Capital Lease Obligation?

Voicecomm Technology Co's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2024 was HK$11.3 Mil.

Voicecomm Technology Co's quarterly Long-Term Capital Lease Obligation increased from Dec. 2023 (HK$11.7 Mil) to Jun. 2024 (HK$12.0 Mil) but then declined from Jun. 2024 (HK$12.0 Mil) to Dec. 2024 (HK$11.3 Mil).

Voicecomm Technology Co's annual Long-Term Capital Lease Obligation increased from Dec. 2022 (HK$9.6 Mil) to Dec. 2023 (HK$11.7 Mil) but then declined from Dec. 2023 (HK$11.7 Mil) to Dec. 2024 (HK$11.3 Mil).


Voicecomm Technology Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Voicecomm Technology Co'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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Voicecomm Technology Co Long-Term Capital Lease Obligation Chart

Voicecomm Technology Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Long-Term Capital Lease Obligation
9.29 8.10 9.59 11.69 11.33

Voicecomm Technology Co Quarterly Data
Dec20 Dec21 Dec22 Sep23 Dec23 Jun24 Dec24
Long-Term Capital Lease Obligation Get a 7-Day Free Trial 9.59 10.28 11.69 11.98 11.33

Voicecomm Technology Co  (HKSE:02495) 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.

Voicecomm Technology Co Long-Term Capital Lease Obligation Related Terms

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Voicecomm Technology Co Business Description

Industry
Traded in Other Exchanges
N/A
Address
Gudai Road, 7DEF, Building G, Weijing Center, No. 2337, Minhang District, Shanghai, CHN
Voicecomm Technology Co Ltd is an IT solution provider in China. It provide services for enterprise-level users to improve the level of convenience and intelligence for their information exchanges and business interactions. The solutions are built upon technologies comprising core conversational AI technologies, unified communication technologies, and other AI and computer technologies. It offers Voicecomm Brain, technology infrastructure, and Voicecomm Suites. The principal activities of the group are provision of on-premised integrated enterprise-level solutions including software license, hardware and services.
Executives
Jiang Haisheng 2103 Interests held jointly with another person
Sun Qi 2103 Interests held jointly with another person
Xu Xiangfeng 2202 Interest of your spouse
Yang Xiaoyuan 2103 Interests held jointly with another person
Shang Hai Jiang Fan Ke Ji Fa Zhan You Xian Gong Si 2103 Interests held jointly with another person
Shang Hai Jiang Cheng Zi Chan Guan Li You Xian Gong Si 2103 Interests held jointly with another person
Shang Hai Jia Geng Wen Hua Chuan Bo You Xian Gong Si 2103 Interests held jointly with another person
Hu Bei Sheng Tong Rong Zhi Ji Shu Ji Tuan You Xian Gong Si 2101 Beneficial owner
Tang Jinghua 2201 Interest of corporation controlled by you

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