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Next Digital (Next Digital) Long-Term Capital Lease Obligation : $5.69 Mil (As of Sep. 2020)


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What is Next Digital Long-Term Capital Lease Obligation?

Next Digital's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2020 was $5.69 Mil.

Next Digital's quarterly Long-Term Capital Lease Obligation declined from Sep. 2019 ($5.78 Mil) to Mar. 2020 ($5.69 Mil) and declined from Mar. 2020 ($5.69 Mil) to Sep. 2020 ($5.69 Mil).

Next Digital's annual Long-Term Capital Lease Obligation stayed the same from Mar. 2018 ($0.00 Mil) to Mar. 2019 ($0.00 Mil) but then increased from Mar. 2019 ($0.00 Mil) to Mar. 2020 ($5.69 Mil).


Next Digital Long-Term Capital Lease Obligation Historical Data

The historical data trend for Next Digital'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.

Next Digital Long-Term Capital Lease Obligation Chart

Next Digital Annual Data
Trend Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 5.69

Next Digital Semi-Annual Data
Mar11 Sep11 Mar12 Sep12 Mar13 Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20
Long-Term Capital Lease Obligation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - 5.78 5.69 5.69

Next Digital  (GREY:NXMDF) 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.

Next Digital Long-Term Capital Lease Obligation Related Terms

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Next Digital (Next Digital) Business Description

Traded in Other Exchanges
N/A
Address
8 Chun Ying Street, 1st Floor, Tseung Kwan O Industrial Estate, New Territories, Tseung Kwan O, Hong Kong, HKG
Next Digital Ltd is engaged in the print media business. Business activity of the firm is operated by the Digital Businesses and Print Business segment. The Digital Business segment includes Internet advertising, Internet subscription, content provision, and the development of mobile games and apps. The Print Business segment which derives majority revenue relates to the sale of newspapers, books and magazines and provision of newspapers, books and magazines printing and advertising services. Geographically, it operates in Hong Kong, Taiwan, and Other countries out of which Hong Kong accounts for the majority revenue.

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