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Vietnam Plastic (HSTC:VNP) Long-Term Capital Lease Obligation : ₫0.00 Mil (As of . 20)


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What is Vietnam Plastic Long-Term Capital Lease Obligation?

Vietnam Plastic's Long-Term Capital Lease Obligation for the quarter that ended in . 20 was ₫0.00 Mil.


Vietnam Plastic Long-Term Capital Lease Obligation Historical Data

The historical data trend for Vietnam Plastic'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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Vietnam Plastic Long-Term Capital Lease Obligation Chart

Vietnam Plastic Annual Data
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Long-Term Capital Lease Obligation

Vietnam Plastic Semi-Annual Data
Long-Term Capital Lease Obligation

Vietnam Plastic  (HSTC:VNP) 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.

Vietnam Plastic Long-Term Capital Lease Obligation Related Terms

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Vietnam Plastic Business Description

Industry
Comparable Companies
Traded in Other Exchanges
N/A
Address
300B Nguyen Tat Thanh, Ward 13, District 4, Ho Chi Minh, VNM
Vietnam Plastic Corp is engaged in providing plastic raw materials and plastic industry supplies. The product portfolio of the company includes PVC Powder, Plastic Powder, PVC Shrink Film, LDPE Granules, and PP Granules.

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