Lap Phuong Thanh Production And Trading JSC (HSTC:LPT) Long-Term Capital Lease Obligation : ₫0.00 Mil (As of . 20)

View and export this data going back to 2021. Start your Free Trial

What is Lap Phuong Thanh Production And Trading JSC Long-Term Capital Lease Obligation?

Lap Phuong Thanh Production And Trading JSC's Long-Term Capital Lease Obligation for the quarter that ended in . 20 was ₫0.00 Mil.

Lap Phuong Thanh Production And Trading JSC Long-Term Capital Lease Obligation Historical Data

The historical data trend for Lap Phuong Thanh Production And Trading JSC'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.

Lap Phuong Thanh Production And Trading JSC Long-Term Capital Lease Obligation Chart

Lap Phuong Thanh Production And Trading JSC Annual Data

Trend

Long-Term Capital Lease Obligation

Lap Phuong Thanh Production And Trading JSC Semi-Annual Data

Long-Term Capital Lease Obligation

Lap Phuong Thanh Production And Trading JSC (HSTC:LPT) 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.

Lap Phuong Thanh Production And Trading JSC Long-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of Lap Phuong Thanh Production And Trading JSC's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.

Lap Phuong Thanh Production And Trading JSC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Lap Phuong Thanh Production And Trading JSC (HSTC:LPT) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

822 Le Thanh Nghi Avenue, Hai Tan ward, Hai Duong province, Hai Duong, VNM

Website

http://www.lapphuongthanh.vn

Lap Phuong Thanh Production And Trading JSC is engaged in the field of driver training and providing testing ground. The company currently operates 3 facilities in Hai Duong City, including 1 test training facility and 2 driving practice training facilities.