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Metasurface Technologies Holdings (HKSE:08637) Long-Term Capital Lease Obligation : HK$141.7 Mil (As of Dec. 2024)


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What is Metasurface Technologies Holdings Long-Term Capital Lease Obligation?

Metasurface Technologies Holdings's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2024 was HK$141.7 Mil.

Metasurface Technologies Holdings's quarterly Long-Term Capital Lease Obligation declined from Dec. 2023 (HK$153.7 Mil) to Jun. 2024 (HK$147.6 Mil) and declined from Jun. 2024 (HK$147.6 Mil) to Dec. 2024 (HK$141.7 Mil).

Metasurface Technologies Holdings's annual Long-Term Capital Lease Obligation declined from Dec. 2022 (HK$159.6 Mil) to Dec. 2023 (HK$153.7 Mil) and declined from Dec. 2023 (HK$153.7 Mil) to Dec. 2024 (HK$141.7 Mil).


Metasurface Technologies Holdings Long-Term Capital Lease Obligation Historical Data

The historical data trend for Metasurface Technologies 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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Metasurface Technologies Holdings Long-Term Capital Lease Obligation Chart

Metasurface Technologies Holdings Annual Data
Trend Dec22 Dec23 Dec24
Long-Term Capital Lease Obligation
159.64 153.69 141.68

Metasurface Technologies Holdings Semi-Annual Data
Dec22 Jun23 Dec23 Jun24 Dec24
Long-Term Capital Lease Obligation 159.64 - 153.69 147.56 141.68

Metasurface Technologies Holdings  (HKSE:08637) 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.

Metasurface Technologies Holdings Long-Term Capital Lease Obligation Related Terms

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Metasurface Technologies Holdings Business Description

Traded in Other Exchanges
N/A
Address
No. 43 Tuas View Circuit, Singapore, SGP, 637360
Metasurface Technologies Holdings Ltd is a precision engineering services provider in Singapore. The Group considers the business from two segments: 1) Precision machining is a machining process of removing materials from a workpiece with standard for high accuracy to create parts and components with tight of tolerance. 2) Precision welding is a process which involves the use of weldment equipment and specialized welding technique on a workpiece in a very precise and controlled fashion.
Executives
Chua Chwee Lee 2202 Interest of your spouse
Jee Wee Jene 2101 Beneficial owner
Sgp Capital Holdings Limited 2101 Beneficial owner
Baccini Capital Holdings Limited 2101 Beneficial owner
Angelling Capital Holdings Limited 2101 Beneficial owner
Thng Chong Kim 2201 Interest of corporation controlled by you
Pang Chen May 2101 Beneficial owner
Soh Cheng Joo 2202 Interest of your spouse

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