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Linmon Media (HKSE:09857) Long-Term Capital Lease Obligation : HK$57 Mil (As of Dec. 2023)


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What is Linmon Media Long-Term Capital Lease Obligation?

Linmon Media's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$57 Mil.

Linmon Media's quarterly Long-Term Capital Lease Obligation increased from Dec. 2022 (HK$33 Mil) to Jun. 2023 (HK$52 Mil) and increased from Jun. 2023 (HK$52 Mil) to Dec. 2023 (HK$57 Mil).

Linmon Media's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (HK$14 Mil) to Dec. 2022 (HK$33 Mil) and increased from Dec. 2022 (HK$33 Mil) to Dec. 2023 (HK$57 Mil).


Linmon Media Long-Term Capital Lease Obligation Historical Data

The historical data trend for Linmon Media'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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Linmon Media Long-Term Capital Lease Obligation Chart

Linmon Media Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
33.85 11.68 14.40 32.93 56.55

Linmon Media Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Long-Term Capital Lease Obligation Get a 7-Day Free Trial 14.40 41.70 32.93 52.45 56.55

Linmon Media  (HKSE:09857) 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.

Linmon Media Long-Term Capital Lease Obligation Related Terms

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Linmon Media (HKSE:09857) Business Description

Traded in Other Exchanges
N/A
Address
SOHO Renaissance Plaza, 28th Floor, Building A, Huangpu District, Shanghai, CHN
Linmon Media Ltd is a drama series production company in China with a track record of creating premium content. The company typically creates high viewership drama series based on its abundant reserve of original IPs. The majority of the Company's revenue is earned in Mainland China.
Executives
Jpmorgan Chase & Co. 2201 Interest of corporation controlled by you
Meoo Limited 2201 Interest of corporation controlled by you
Shang Hai Hong Ni Qi Ye Guan Li He Huo Qi Ye You Xian He Huo 2201 Interest of corporation controlled by you
Tencent Mobility Limited
Tencent Holdings Limited
Zhou Yuan 2201 Interest of corporation controlled by you
Z&n Investment Limited 2201 Interest of corporation controlled by you
Xu Xiao Ou 2201 Interest of corporation controlled by you
Su Xiao 2201 Interest of corporation controlled by you
Great Luminosity Limited 2101 Beneficial owner
Linmon Run Limited 2101 Beneficial owner
Lemontree Harvest Investment Limited 2101 Beneficial owner
Lemontree Evergreen Holding Limited 2201 Interest of corporation controlled by you
Free Flight Limited 2201 Interest of corporation controlled by you
Faye Free Flight Limited 2101 Beneficial owner

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