Sun Hung Kai (Sun Hung Kai) Long-Term Capital Lease Obligation : $0.0 Mil (As of Dec. 2023)

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What is Sun Hung Kai Long-Term Capital Lease Obligation?

Sun Hung Kai's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.0 Mil.

Sun Hung Kai Long-Term Capital Lease Obligation Historical Data

The historical data trend for Sun Hung Kai'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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Sun Hung Kai Long-Term Capital Lease Obligation Chart

Sun Hung Kai Annual Data

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Long-Term Capital Lease Obligation

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Sun Hung Kai Semi-Annual Data
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Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															-	-	-	-	-

Sun Hung Kai (OTCPK:SHGKF) 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.

Sun Hung Kai Long-Term Capital Lease Obligation Related Terms

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Sun Hung Kai (Sun Hung Kai) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Sun Hung Kai & Co Ltd (OTCPK:SHGKF) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

SHGKY:USA 00086:Hong Kong SHK:Germany

Address

33 Hysan Avenue, 42nd Floor, Lee Garden One, Causeway Bay, Hong Kong, HKG

Website

https://www.shkco.com

Sun Hung Kai & Co Ltd is an investment and finance firm. The group focuses on providing tailor-made financing solutions to corporations, small businesses, and individuals. It offers wealth management and brokerage, capital markets, consumer finance, structured finance, and principal investment services. The geographical area of operation is Hong Kong, Mainland China, and others. Its revenue is derived from the Hong Kong region. Its segments comprise Consumer Finance; Mortgage Loans; Specialty Finance; Investment Management; Strategic Investments; and Group Management and Support. The company generates maximum revenue from the Consumer Finance segment.

Sun Hung Kai (Sun Hung Kai) Headlines

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