LKNCY (Luckin Coffee) Long-Term Capital Lease Obligation : $453 Mil (As of Mar. 2025)

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What is Luckin Coffee Long-Term Capital Lease Obligation?

Luckin Coffee's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was $453 Mil.

Luckin Coffee's quarterly Long-Term Capital Lease Obligation declined from Sep. 2024 ($466 Mil) to Dec. 2024 ($457 Mil) and declined from Dec. 2024 ($457 Mil) to Mar. 2025 ($453 Mil).

Luckin Coffee's annual Long-Term Capital Lease Obligation increased from Dec. 2022 ($147 Mil) to Dec. 2023 ($436 Mil) and increased from Dec. 2023 ($436 Mil) to Dec. 2024 ($457 Mil).

Luckin Coffee Long-Term Capital Lease Obligation Historical Data

The historical data trend for Luckin Coffee'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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Luckin Coffee Long-Term Capital Lease Obligation Chart

Luckin Coffee Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Long-Term Capital Lease Obligation

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90.29

146.92

436.24

457.45

Luckin Coffee Quarterly Data
	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															449.25	447.32	465.57	457.45	452.93

Luckin Coffee (OTCPK:LKNCY) 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.

Luckin Coffee Long-Term Capital Lease Obligation Related Terms

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Luckin Coffee Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Luckin Coffee Inc (OTCPK:LKNCY) » Definitions » Long-Term Capital Lease Obligation

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Traded in Other Exchanges

0A6U:UK LC0A:Germany

Address

1-3 Taibei Road, 28th Floor, Building T3, Haixi Jingu Plaza, Siming District, Fujian, Xiamen, CHN, 361008

Website

https://www.lkcoffee.com

Luckin Coffee Inc is a China based company engaged in operation of coffee stores. It sources its Arabica coffee beans from various suppliers and engage World Barista Champion teams to design its coffee recipes. The company also has partnered with suppliers for other products such as juices and light meals.