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Ficus Technology Holdings (HKSE:08107) Long-Term Capital Lease Obligation : HK$1.98 Mil (As of Jun. 2024)


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What is Ficus Technology Holdings Long-Term Capital Lease Obligation?

Ficus Technology Holdings's Long-Term Capital Lease Obligation for the quarter that ended in Jun. 2024 was HK$1.98 Mil.

Ficus Technology Holdings's quarterly Long-Term Capital Lease Obligation increased from Sep. 2023 (HK$0.00 Mil) to Dec. 2023 (HK$2.05 Mil) but then declined from Dec. 2023 (HK$2.05 Mil) to Jun. 2024 (HK$1.98 Mil).

Ficus Technology Holdings's annual Long-Term Capital Lease Obligation stayed the same from Dec. 2021 (HK$0.00 Mil) to Dec. 2022 (HK$0.00 Mil) but then increased from Dec. 2022 (HK$0.00 Mil) to Dec. 2023 (HK$2.05 Mil).


Ficus Technology Holdings Long-Term Capital Lease Obligation Historical Data

The historical data trend for Ficus Technology 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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Ficus Technology Holdings Long-Term Capital Lease Obligation Chart

Ficus Technology Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only - - - - 2.05

Ficus Technology Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Jun24
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 - - - 2.05 1.98

Ficus Technology Holdings  (HKSE:08107) 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.

Ficus Technology Holdings Long-Term Capital Lease Obligation Related Terms

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Ficus Technology Holdings Business Description

Traded in Other Exchanges
N/A
Address
1002-1008 Tai Nan West Street, 3rd Floor, China United Plaza, Cheung Sha Wan, Kowloon, Hong Kong, HKG
Vision International Holdings Ltd is engaged in the sales of apparel products with the provision of SCM services to customers and the provision of agency services for construction and related materials. The company is an apparel supply chain management services provider in Hong Kong with its services range across market trend analysis, product design, and development, sourcing of suppliers, production management, logistics services, and quality control. It generates revenue mainly from the sales of apparel products with the provision of SCM services to customers, delivering one-stop solutions to customers in Europe and Asia; and the agency fees from the sales of construction and related materials to sourcing agents in South East Asia.
Executives
Chan Ting 2201 Interest of corporation controlled by you
Beaming Elite Holdings Limited 2101 Beneficial owner
Jpmorgan Chase & Co. 2106 Person having a security interest in shares
Arena Investors, Lp 2102 Investment manager
Arena Special Opportunities Partners Ii, Lp 2101 Beneficial owner
Lau Chi Wing James 2101 Beneficial owner
Metro Vanguard Limited 2101 Beneficial owner
Chan Sau Fung 2202 Interest of your spouse
Ko Sin Yun 2201 Interest of corporation controlled by you
Quick Target Limited 2106 Person having a security interest in shares
Arena Investors Group Holdings, Llc 2201 Interest of corporation controlled by you
Enkai Investments Pte. Ltd. 2101 Beneficial owner
Ng Kim Ming 2201 Interest of corporation controlled by you

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