GCL Technology Holdings (STU:3GY) Long-Term Capital Lease Obligation : €10 Mil (As of Dec. 2023)

View and export this data going back to 2010. Start your Free Trial

What is GCL Technology Holdings Long-Term Capital Lease Obligation?

GCL Technology Holdings's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was €10 Mil.

GCL Technology Holdings's quarterly Long-Term Capital Lease Obligation declined from Dec. 2022 (€6 Mil) to Jun. 2023 (€6 Mil) but then increased from Jun. 2023 (€6 Mil) to Dec. 2023 (€10 Mil).

GCL Technology Holdings's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (€65 Mil) to Dec. 2022 (€6 Mil) but then increased from Dec. 2022 (€6 Mil) to Dec. 2023 (€10 Mil).

GCL Technology Holdings Long-Term Capital Lease Obligation Historical Data

The historical data trend for GCL Technology 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.

GCL Technology Holdings Long-Term Capital Lease Obligation Chart

GCL Technology Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

245.20

170.81

65.07

6.25

9.75

GCL Technology Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															65.07	43.99	6.25	6.08	9.75

GCL Technology Holdings (STU:3GY) 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.

GCL Technology Holdings Long-Term Capital Lease Obligation Related Terms

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

GCL Technology Holdings (STU:3GY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » GCL Technology Holdings Ltd (STU:3GY) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

GCPEF:USA 03800:Hong Kong

Address

1 Austin Road West, Unit 1703-1706, Level 17, International Commerce Centre, Kowloon, Hong Kong, HKG

Website

http://www.gcltech.com

GCL Technology Holdings Ltd is an investment holding company. It is principally engaged in the manufacturing and sales of polysilicon and wafers for the solar industry; and the sales of electricity, development, investment, management and operation of solar projects. The company operates in two reportable segments Solar material business which mainly manufactures and sales of polysilicon and wafer to companies operating in the solar industry, and the Solar farm business which manages and operates solar farms located in the USA and the PRC. The majority of revenue is derived from the Solar material business segment.

GCL Technology Holdings (STU:3GY) Headlines

No Headlines