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eBroker Group (HKSE:08036) Long-Term Capital Lease Obligation : HK$0.16 Mil (As of Dec. 2023)


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What is eBroker Group Long-Term Capital Lease Obligation?

eBroker Group's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$0.16 Mil.

eBroker Group's quarterly Long-Term Capital Lease Obligation declined from Jun. 2023 (HK$0.65 Mil) to Sep. 2023 (HK$0.00 Mil) but then increased from Sep. 2023 (HK$0.00 Mil) to Dec. 2023 (HK$0.16 Mil).

eBroker Group's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (HK$1.74 Mil) to Dec. 2022 (HK$0.65 Mil) and declined from Dec. 2022 (HK$0.65 Mil) to Dec. 2023 (HK$0.16 Mil).


eBroker Group Long-Term Capital Lease Obligation Historical Data

The historical data trend for eBroker Group'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.

eBroker Group Long-Term Capital Lease Obligation Chart

eBroker Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial 2.28 0.04 1.74 0.65 0.16

eBroker Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 Premium Member Only Premium Member Only Premium Member Only 0.65 - 0.65 - 0.16

eBroker Group  (HKSE:08036) 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.

eBroker Group Long-Term Capital Lease Obligation Related Terms

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eBroker Group (HKSE:08036) Business Description

Industry
Traded in Other Exchanges
N/A
Address
19 Canton Road, Tsim Sha Tsui, World Finance Centre, Suites 1410-11, 14th Floor, North Tower, Kowloon, Hong Kong, HKG
eBroker Group Limited is an investment holding company mainly engaged in the development and supply of financial software solutions. The Company provides financial software solutions to financial institutions. The Company mainly provides front-office solution services, back-office solution services, software and hardware installation and customization services, and cloud management services. The front office solutions are used for front office operations, including trading execution, fund management, credit control, risk management, and cyber security services. The back office solutions are used for back office settlement operations, including clearing and settlement of trading orders, portfolio risk reporting, and colocation services.
Executives
Eagle Business Consulting Limited 2101 Beneficial owner
Good Steward Foundation Limited 2201 Interest of corporation controlled by you
Bank Of Communications Trustee Limited 2301 Trustee
Quantsmile (bvi) Limited 2101 Beneficial owner
Financial Data Technologies Limited 2101 Beneficial owner
Nie Lehui 2201 Interest of corporation controlled by you

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