Heatec Jietong Holdings (SGX:5OR) Long-Term Capital Lease Obligation : S$0.00 Mil (As of Jun. 2023)

View and export this data going back to 2009. Start your Free Trial

What is Heatec Jietong Holdings Long-Term Capital Lease Obligation?

Heatec Jietong Holdings's Long-Term Capital Lease Obligation for the quarter that ended in Jun. 2023 was S$0.00 Mil.

Heatec Jietong Holdings's quarterly Long-Term Capital Lease Obligation increased from Jun. 2022 (S$0.00 Mil) to Dec. 2022 (S$1.52 Mil) but then declined from Dec. 2022 (S$1.52 Mil) to Jun. 2023 (S$0.00 Mil).

Heatec Jietong Holdings's annual Long-Term Capital Lease Obligation declined from Dec. 2020 (S$1.72 Mil) to Dec. 2021 (S$1.60 Mil) and declined from Dec. 2021 (S$1.60 Mil) to Dec. 2022 (S$1.52 Mil).

Heatec Jietong Holdings Long-Term Capital Lease Obligation Historical Data

The historical data trend for Heatec Jietong Holdings'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.

Heatec Jietong Holdings Long-Term Capital Lease Obligation Chart

Heatec Jietong Holdings Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

0.06

1.82

1.72

1.60

1.52

Heatec Jietong Holdings Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	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															-	1.60	-	1.52	-

Heatec Jietong Holdings (SGX:5OR) 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.

Heatec Jietong Holdings Long-Term Capital Lease Obligation Related Terms

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

Heatec Jietong Holdings (SGX:5OR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Heatec Jietong Holdings Ltd (SGX:5OR) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 10 Tuas South Street 15, Singapore, SGP, 637076

Website

http://www.heatecholdings.com

Heatec Jietong Holdings Ltd is engaged in offering piping and heat exchanger services for the marine and oil and gas industries. The company's segments include Piping, Heat Exchangers, and Chemical cleaning. The Piping segment is engaged in the fabrication and installation of various types of piping. The Heat Exchanger segment, which derives the majority of revenue, engages in servicing and fabrication of heat exchangers. The Chemical cleaning segment is engaged in the provision of chemical cleaning services to ships and marine vessels. The Group's operations are carried out in Singapore.

Heatec Jietong Holdings (SGX:5OR) Headlines

No Headlines