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VNET Group's Long-Term Capital Lease Obligation for the quarter that ended in Jun. 2026 was $871 Mil.
VNET Group's quarterly Long-Term Capital Lease Obligation
declined
from Dec. 2025 ($801 Mil) to Mar. 2026 ($798 Mil) but then
increased
from Mar. 2026 ($798 Mil) to Jun. 2026 ($871 Mil).
VNET Group's annual Long-Term Capital Lease Obligation
increased
from Dec. 2023 ($620 Mil) to Dec. 2024 ($730 Mil) and
increased
from Dec. 2024 ($730 Mil) to Dec. 2025 ($801 Mil).
VNET Group (NAS:VNET) 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.
VNET Group Long-Term Capital Lease Obligation Related Terms
VNET Group Long-Term Capital Lease Obligation Historical Data
* Premium members only.
The historical data trend for VNET Group'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.
VNET Group Long-Term Capital Lease Obligation Chart
What does a Long-Term Capital Lease Obligation of $871 Mil mean?
VNET Group (VNET) has a Long-Term Capital Lease Obligation of $871 Mil as of Jun. 2026. Capital leases are leases where a finance company is typically the legal owner of the asset during the lease term. View historical data on VNET Group and its competitors.
Is VNET Group's Long-Term Capital Lease Obligation too high?
VNET Group's current Long-Term Capital Lease Obligation is $871 Mil. Overall, VNET Group has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does VNET Group's Long-Term Capital Lease Obligation compare to INOD and SHAZ?
VNET Group's Long-Term Capital Lease Obligation of $871 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Long-Term Capital Lease Obligation for a Software company?
A good Long-Term Capital Lease Obligation depends on the Software industry context. However, Long-Term Capital Lease Obligation should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Long-Term Capital Lease Obligation mean?
A high Long-Term Capital Lease Obligation can signal that a stock is expensive relative to its fundamentals. Capital leases are leases where a finance company is typically the legal owner of the asset during the lease term. View historical data on VNET Group and its competitors. VNET Group's current Long-Term Capital Lease Obligation is $871 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VNET Group stock overvalued right now?
Based on GuruFocus' analysis, VNET Group (VNET) is currently considered Modestly Undervalued. The stock's GF Value™ is $7.45, compared to a current price of $6.47 — trading 13.2% below its estimated fair value. The current Long-Term Capital Lease Obligation is $871 Mil. VNET Group's overall GF Score™ is 64/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Long-Term Capital Lease Obligation calculated?
Long-Term Capital Lease Obligation is calculated from a company's financial statements. For VNET Group (VNET), the current Long-Term Capital Lease Obligation is $871 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is VNET Group (VNET) Overvalued in 2026?
Based on GuruFocus' analysis, VNET Group stock appears to be undervalued.
The current stock price of $6.47 is trading 13.2% below its estimated GF Value™ of $7.45.
GuruFocus considers VNET Group to be Modestly Undervalued.
Key valuation signals for VNET:
Long-Term Capital Lease Obligation: $871 Mil
GF Value™: $7.45 vs. price of $6.47 (13.2% below fair value)
No single metric tells the full story. See the VNET stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
VNET started as AsiaCloud in 1999 and moved into the data center business, opening its first self-developed data center in 2010. The firm listed (as 21Vianet) on the Nasdaq in April 2011, subsequently changing its name to VNET Group in 2021. It originally focused on providing data center services such as colocation and cloud services to retail clients in China, but added hyperscale customers in 2019 and now counts large Chinese hyperscalers such as Alibaba Cloud, Tencent Cloud, and Huawei Cloud as customers. At the end of December 2025, it had 49,863 retail cabinets, with the majority in Beijing, Shanghai, and the Greater Bay area. It also had 889 MW of wholesale capacity in service, with a further 452 MW under construction and a further 840 MW held for future development.
64GF Score
Get the complete analysis for VNET
Long-Term Capital Lease Obligation is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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