Top KingWin (Top KingWin) Long-Term Capital Lease Obligation : $0.16 Mil (As of Dec. 2023)

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What is Top KingWin Long-Term Capital Lease Obligation?

Top KingWin's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.16 Mil.

Top KingWin's quarterly Long-Term Capital Lease Obligation declined from Dec. 2022 ($0.37 Mil) to Jun. 2023 ($0.27 Mil) and declined from Jun. 2023 ($0.27 Mil) to Dec. 2023 ($0.16 Mil).

Top KingWin's annual Long-Term Capital Lease Obligation declined from Dec. 2021 ($0.49 Mil) to Dec. 2022 ($0.37 Mil) and declined from Dec. 2022 ($0.37 Mil) to Dec. 2023 ($0.16 Mil).

Top KingWin Long-Term Capital Lease Obligation Historical Data

The historical data trend for Top KingWin'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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Top KingWin Long-Term Capital Lease Obligation Chart

Top KingWin Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

0.54

0.49

0.37

0.16

Top KingWin Quarterly Data
	Dec20	Sep21	Dec21	Jun22	Sep22	Dec22	Jun23	Dec23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial			-	0.43	0.37	0.27	0.16

Top KingWin (NAS:TCJH) 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.

Top KingWin Long-Term Capital Lease Obligation Related Terms

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Top KingWin (Top KingWin) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Top KingWin Ltd (NAS:TCJH) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

Donghuan Street, No. 555, North Panyu Avenue, Room 1304, Building No. 25, Tian’an Headquarters Center, Panyu District, Guangdong Province, Guangzhou, CHN, 511400

Website

Top KingWin Ltd operates as a corporate business training and consulting company, providing personal and management training and financial consulting services. It provides a number of essential business services in China to young and emerging companies including corporate business training services, which mainly focus on advanced knowledge and new perspectives on the capital markets; corporate consulting services, which mainly focus on various aspects of fundraising, and advisory and transaction services. Its main clients are entrepreneurs and executives in China's small and medium enterprises (SMEs).

Top KingWin (Top KingWin) Headlines

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