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Jinhui Shipping and Transportation (OSL:JIN) Long-Term Capital Lease Obligation : kr297 Mil (As of Mar. 2025)


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What is Jinhui Shipping and Transportation Long-Term Capital Lease Obligation?

Jinhui Shipping and Transportation's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was kr297 Mil.

Jinhui Shipping and Transportation's quarterly Long-Term Capital Lease Obligation declined from Sep. 2024 (kr216 Mil) to Dec. 2024 (kr154 Mil) but then increased from Dec. 2024 (kr154 Mil) to Mar. 2025 (kr297 Mil).

Jinhui Shipping and Transportation's annual Long-Term Capital Lease Obligation increased from Dec. 2022 (kr249 Mil) to Dec. 2023 (kr254 Mil) but then declined from Dec. 2023 (kr254 Mil) to Dec. 2024 (kr154 Mil).


Jinhui Shipping and Transportation Long-Term Capital Lease Obligation Historical Data

The historical data trend for Jinhui Shipping and Transportation'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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Jinhui Shipping and Transportation Long-Term Capital Lease Obligation Chart

Jinhui Shipping and Transportation Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 248.62 254.01 153.64

Jinhui Shipping and Transportation Quarterly Data
Jun20 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 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 269.07 302.16 216.38 153.64 296.98

Jinhui Shipping and Transportation  (OSL:JIN) 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.

Jinhui Shipping and Transportation Long-Term Capital Lease Obligation Related Terms

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Jinhui Shipping and Transportation Business Description

Traded in Other Exchanges
Address
1-6 Connaught Road West, 26th Floor, Yardley Commercial Building, Hong Kong, HKG
Jinhui Shipping and Transportation Ltd is an investment holding company. Along with its subsidiaries, it is engaged in ship chartering and ship-owning business carried out internationally. Geographically, it operates in various countries like China, Singapore, Japan, Switzerland, South Korea, Norway, and the United Kingdom. The majority of its revenue comes from its customers in China.

Jinhui Shipping and Transportation Headlines

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