GHY Culture & Media Holding Co (SGX:XJB) Long-Term Capital Lease Obligation : S$0.90 Mil (As of Dec. 2024)

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What is GHY Culture & Media Holding Co Long-Term Capital Lease Obligation?

GHY Culture & Media Holding Co's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2024 was S$0.90 Mil.

GHY Culture & Media Holding Co's quarterly Long-Term Capital Lease Obligation declined from Dec. 2023 (S$3.13 Mil) to Jun. 2024 (S$1.49 Mil) and declined from Jun. 2024 (S$1.49 Mil) to Dec. 2024 (S$0.90 Mil).

GHY Culture & Media Holding Co's annual Long-Term Capital Lease Obligation increased from Dec. 2022 (S$1.73 Mil) to Dec. 2023 (S$3.13 Mil) but then declined from Dec. 2023 (S$3.13 Mil) to Dec. 2024 (S$0.90 Mil).

GHY Culture & Media Holding Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for GHY Culture & Media Holding Co'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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GHY Culture & Media Holding Co Long-Term Capital Lease Obligation Chart

GHY Culture & Media Holding Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Long-Term Capital Lease Obligation

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3.24

2.94

1.73

3.13

0.90

GHY Culture & Media Holding Co Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial								1.73	3.17	3.13	1.49	0.90

GHY Culture & Media Holding Co (SGX:XJB) 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.

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GHY Culture & Media Holding Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » GHY Culture & Media Holding Co Ltd (SGX:XJB) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 07-08, 988 Toa Payoh North, Singapore, SGP, 319002

Website

https://www.ghyculturemedia.com

GHY Culture & Media Holding Co Ltd is involved in the entertainment business. It focuses on the production and promotion of dramas, films, and concerts in the Asia Pacific region. The business activities of the group function through four segments, namely Television Program and Film Production, Concert Production, Talent Management Services and Costumes, Props, and Make-up Services. The company derives the majority of its revenue from the Television Program Film Production segment, which is engaged in the production of dramas and films and script production. Geographically, the business presence of the firm is seen in the regions of Singapore, Australia, Japan, China, and Malaysia, with the majority of the revenue from China.

GHY Culture & Media Holding Co Headlines

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