Noblelift Intelligent Equipment Co (SHSE:603611) Long-Term Capital Lease Obligation : ¥71 Mil (As of Sep. 2024)

View and export this data going back to 2015. Start your Free Trial

What is Noblelift Intelligent Equipment Co Long-Term Capital Lease Obligation?

Noblelift Intelligent Equipment Co's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥71 Mil.

Noblelift Intelligent Equipment Co's quarterly Long-Term Capital Lease Obligation declined from Mar. 2024 (¥90 Mil) to Jun. 2024 (¥84 Mil) and declined from Jun. 2024 (¥84 Mil) to Sep. 2024 (¥71 Mil).

Noblelift Intelligent Equipment Co's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (¥65 Mil) to Dec. 2022 (¥81 Mil) and increased from Dec. 2022 (¥81 Mil) to Dec. 2023 (¥88 Mil).

Noblelift Intelligent Equipment Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Noblelift Intelligent Equipment 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.

* Premium members only.

Noblelift Intelligent Equipment Co Long-Term Capital Lease Obligation Chart

Noblelift Intelligent Equipment Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

78.27

64.54

81.45

88.20

Noblelift Intelligent Equipment Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															62.50	88.20	90.05	84.28	71.27

Noblelift Intelligent Equipment Co (SHSE:603611) 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.

Noblelift Intelligent Equipment Co Long-Term Capital Lease Obligation Related Terms

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

Noblelift Intelligent Equipment Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Noblelift Intelligent Equipment Co Ltd (SHSE:603611) » Definitions » Long-Term Capital Lease Obligation

Traded in Other Exchanges

N/A

Address

No.528, Jing Yi Road, Economic Development Zone, Changxing, Zhejiang, CHN, 313100

Website

http://www.noblelift.com

Noblelift Intelligent Equipment Co Ltd manufacturers that joined the industrial equipment. It is mainly engaged in the research, production, and sales of light industrial trucks and electric storage vehicles. The company's products and services include Hand pallet trucks, Industrial products, Forklift, Reach truck, Electric Stacker, After sales services, and others. It's products used in manufacturing, logistics, construction, military systems, textile industry, chemical industry, metallurgy industry, energy industry, and many other industries.

Executives

Liu Yun Hua	senior management
Ding Cheng	Director
Zhong Suo Ming	Director
Zhang Ke	Director
Zheng Wen Ming	Supervisors
Ding Yi	Director
Zhou Xue Jun	Director
Liu Guang Sheng	senior management
Wang Xin Hua	Director
Liu Hong Jun	senior management
Su Lin	senior management
Mao Ying	Director
Ding Yun Lu	Director
Wang Zhi Jun	Supervisors
Wang Jian Ming	Supervisors

Noblelift Intelligent Equipment Co Headlines

No Headlines