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Halo Microelectronics Co (SHSE:688173) Long-Term Capital Lease Obligation : ¥2.4 Mil (As of Mar. 2024)


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What is Halo Microelectronics Co Long-Term Capital Lease Obligation?

Halo Microelectronics Co's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥2.4 Mil.

Halo Microelectronics Co's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (¥4.2 Mil) to Dec. 2023 (¥2.9 Mil) and declined from Dec. 2023 (¥2.9 Mil) to Mar. 2024 (¥2.4 Mil).

Halo Microelectronics Co's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (¥6.0 Mil) to Dec. 2022 (¥3.8 Mil) and declined from Dec. 2022 (¥3.8 Mil) to Dec. 2023 (¥2.9 Mil).


Halo Microelectronics Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Halo Microelectronics 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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Halo Microelectronics Co Long-Term Capital Lease Obligation Chart

Halo Microelectronics Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial - 6.19 6.03 3.84 2.86

Halo Microelectronics Co Quarterly Data
Dec18 Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Long-Term Capital Lease Obligation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.11 3.61 4.16 2.86 2.41

Halo Microelectronics Co  (SHSE:688173) 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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Halo Microelectronics Co (SHSE:688173) Business Description

Traded in Other Exchanges
N/A
Address
No. 6 Guilan North Road, Guicheng Street, Unit 305-308, Self-numbered Building Eight (A8), Core Area of ??Qiandeng Lake Venture Capital Town, Nanhai District, Guangdong Province, Foshan, CHN, 528200
Halo Microelectronics Co Ltd is engaged in designing and commercialization of analog and mixed-signal integrated circuit (IC) products. Its products are used mainly in two main applications: consumer electronics and automobile electronics.
Executives
Yang Song Nan Director, core technical staff
Directors, senior managers
Core technical personnel

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