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Far East Horizon (STU:F6H) Long-Term Capital Lease Obligation : €94 Mil (As of Dec. 2024)


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What is Far East Horizon Long-Term Capital Lease Obligation?

Far East Horizon's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2024 was €94 Mil.

Far East Horizon's quarterly Long-Term Capital Lease Obligation increased from Dec. 2023 (€91 Mil) to Jun. 2024 (€96 Mil) but then declined from Jun. 2024 (€96 Mil) to Dec. 2024 (€94 Mil).

Far East Horizon's annual Long-Term Capital Lease Obligation increased from Dec. 2022 (€49 Mil) to Dec. 2023 (€91 Mil) and increased from Dec. 2023 (€91 Mil) to Dec. 2024 (€94 Mil).


Far East Horizon Long-Term Capital Lease Obligation Historical Data

The historical data trend for Far East Horizon'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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Far East Horizon Long-Term Capital Lease Obligation Chart

Far East Horizon Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 73.29 61.61 49.07 90.82 94.08

Far East Horizon Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 Premium Member Only Premium Member Only Premium Member Only 49.07 45.30 90.82 95.61 94.08

Far East Horizon  (STU:F6H) 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.

Far East Horizon Long-Term Capital Lease Obligation Related Terms

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Far East Horizon Business Description

Traded in Other Exchanges
Address
9 Yaojiang Road, Far East Horizon Plaza, Pudong New Area, Shanghai, CHN
Far East Horizon Ltd is a specialty finance provider. Its service offerings include financial leasing and advisory, hospital investment and operation, equipment operation services, trading, and brokerage services as well as engineering management services, etc. The company operates in two segments; Financial, lease and advisory, and Industrial operation and management. A majority of its revenue is generated from the Financial, lease and advisory segment, which is engaged in providing direct finance leasing, sale-leaseback, factoring, entrusted loans, operating leases and sale of related equipment and materials, advisory services, and construction services. Geographically, the company derives maximum revenue from Mainland China, followed by Hong Kong and other locations.

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