LSH (Lakeside Holding) Long-Term Capital Lease Obligation : $1.89 Mil (As of Mar. 2025)

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What is Lakeside Holding Long-Term Capital Lease Obligation?

Lakeside Holding's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was $1.89 Mil.

Lakeside Holding's quarterly Long-Term Capital Lease Obligation declined from Sep. 2024 ($2.66 Mil) to Dec. 2024 ($2.42 Mil) and declined from Dec. 2024 ($2.42 Mil) to Mar. 2025 ($1.89 Mil).

Lakeside Holding's annual Long-Term Capital Lease Obligation declined from Jun. 2022 ($2.27 Mil) to Jun. 2023 ($1.59 Mil) but then increased from Jun. 2023 ($1.59 Mil) to Jun. 2024 ($2.52 Mil).

Lakeside Holding Long-Term Capital Lease Obligation Historical Data

The historical data trend for Lakeside Holding'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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Lakeside Holding Long-Term Capital Lease Obligation Chart

Lakeside Holding Annual Data

Trend

Jun22

Jun23

Jun24

Long-Term Capital Lease Obligation

2.27

1.59

2.52

Lakeside Holding Quarterly Data
	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial							0.96	2.52	2.66	2.42	1.89

Lakeside Holding (NAS:LSH) 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.

Lakeside Holding Long-Term Capital Lease Obligation Related Terms

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Lakeside Holding Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Lakeside Holding Ltd (NAS:LSH) » Definitions » Long-Term Capital Lease Obligation

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Traded in Other Exchanges

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Address

1475 Thorndale Avenue, Suite A, Itasca, IL, USA, 60143

Website

https://www.lakeside-holding.com

Lakeside Holding Ltd i an integrated cross-border supply chain solution provider with a strategic focus on the Asian market including China and South Korea. It provides customized cross-border ocean freight solutions and airfreight solutions in the U.S, including cross-border freight consolidation and forwarding services; customs clearance services; warehousing and distribution services and U.S. domestic ground transportation services.