Abundance International (SGX:541) Long-Term Capital Lease Obligation : S$2.6 Mil (As of Jun. 2023)

View and export this data going back to 2000. Start your Free Trial

What is Abundance International Long-Term Capital Lease Obligation?

Abundance International's Long-Term Capital Lease Obligation for the quarter that ended in Jun. 2023 was S$2.6 Mil.

Abundance International's quarterly Long-Term Capital Lease Obligation increased from Jun. 2022 (S$2.6 Mil) to Dec. 2022 (S$2.7 Mil) but then declined from Dec. 2022 (S$2.7 Mil) to Jun. 2023 (S$2.6 Mil).

Abundance International's annual Long-Term Capital Lease Obligation increased from Dec. 2020 (S$2.7 Mil) to Dec. 2021 (S$2.7 Mil) and increased from Dec. 2021 (S$2.7 Mil) to Dec. 2022 (S$2.7 Mil).

Abundance International Long-Term Capital Lease Obligation Historical Data

The historical data trend for Abundance International'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.

Abundance International Long-Term Capital Lease Obligation Chart

Abundance International Annual Data

Trend

Sep12

Sep13

Sep14

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

2.87

2.69

2.71

2.73

Abundance International Semi-Annual Data
	Mar13	Sep13	Mar14	Sep14	Mar15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															2.60	2.71	2.56	2.73	2.61

Abundance International (SGX:541) 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.

Abundance International Long-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of Abundance International's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.

Abundance International (SGX:541) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Abundance International Ltd (SGX:541) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

9 Joo Koon Circle, Singapore, SGP, 629041

Website

https://www.abundance.com.sg

Abundance International Ltd is engaged in the chemical manufacturing and trading of equipment, accessories, consumables, or peripherals used in the chemical industry and other related businesses. In addition, it is also investing in companies and other entities through equity, securities, and other instruments. It is organized into the following reportable operating segments, Chemicals, Printing, and Investment segment. The company derives the maximum revenue from the Chemicals segment. Its primary geographic markets are China and other countries in Asia of which China contributes most of the total revenue.

Abundance International (SGX:541) Headlines

No Headlines