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Adama (SZSE:200553) Long-Term Capital Lease Obligation : HK$668 Mil (As of Sep. 2024)


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What is Adama Long-Term Capital Lease Obligation?

Adama's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2024 was HK$668 Mil.

Adama's quarterly Long-Term Capital Lease Obligation declined from Mar. 2024 (HK$514 Mil) to Jun. 2024 (HK$482 Mil) but then increased from Jun. 2024 (HK$482 Mil) to Sep. 2024 (HK$668 Mil).

Adama's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (HK$443 Mil) to Dec. 2022 (HK$481 Mil) and increased from Dec. 2022 (HK$481 Mil) to Dec. 2023 (HK$542 Mil).


Adama Long-Term Capital Lease Obligation Historical Data

The historical data trend for Adama'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.

Adama Long-Term Capital Lease Obligation Chart

Adama Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 452.18 449.50 443.36 481.39 541.92

Adama 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 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 543.13 541.92 514.03 482.09 667.97

Adama  (SZSE:200553) 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.

Adama Long-Term Capital Lease Obligation Related Terms

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Adama Business Description

Industry
Traded in Other Exchanges
Address
No. 93, East Beijing Road, Hubei, Jingzhou, CHN, 434001
Adama Ltd produces farm chemicals for crop protection. It operates in two segments: Crop Protection and Intermediates & ingredients. The Crop Protection segment includes the manufacture and marketing of conventional agrochemical products and operations in the seeds sector. The intermediates & ingredients segment includes a large number of sub-fields, including Lycopan (an oxidization retardant), aromatic products, and other chemicals. The firm generates the vast majority of its revenue from the Crop Protection segment. Its geographical segments are Europe; Latin America; North America; Africa, Middle East, and India; and the Asia Pacific.
Executives
Liu Jun Supervisors

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