GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » China Maple Leaf Educational Systems Ltd (FRA:CML1) » Definitions » Long-Term Debt & Capital Lease Obligation

China Maple Leaf Educational Systems (FRA:CML1) Long-Term Debt & Capital Lease Obligation : €8.9 Mil (As of Feb. 2024)


View and export this data going back to 2014. Start your Free Trial

What is China Maple Leaf Educational Systems Long-Term Debt & Capital Lease Obligation?

Long-Term Debt & Capital Lease Obligation is the debt and capital lease obligation due more than 12 months in the future. China Maple Leaf Educational Systems's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was €8.9 Mil.

LT-Debt-to-Total-Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligation divides by its Total Assets. China Maple Leaf Educational Systems's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was €8.9 Mil. China Maple Leaf Educational Systems's Total Assets for the quarter that ended in Feb. 2024 was €788.7 Mil. China Maple Leaf Educational Systems's LT-Debt-to-Total-Asset for the quarter that ended in Feb. 2024 was 0.01.

China Maple Leaf Educational Systems's LT-Debt-to-Total-Asset declined from Feb. 2023 (0.18) to Feb. 2024 (0.01). It may suggest that China Maple Leaf Educational Systems is progressively becoming less dependent on debt to grow their business.


China Maple Leaf Educational Systems Long-Term Debt & Capital Lease Obligation Historical Data

The historical data trend for China Maple Leaf Educational Systems's Long-Term Debt & 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.

China Maple Leaf Educational Systems Long-Term Debt & Capital Lease Obligation Chart

China Maple Leaf Educational Systems Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
Long-Term Debt & Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 182.72 110.83 51.20 46.89 202.37

China Maple Leaf Educational Systems Semi-Annual Data
Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24
Long-Term Debt & 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 51.20 143.08 46.89 8.94 202.37

China Maple Leaf Educational Systems Long-Term Debt & Capital Lease Obligation Calculation

Long-Term Debt is the debt due more than 12 months in the future. The debt can be owed to banks or bondholders. Some companies issue bonds to investors and pay interest on the bonds.

Long-Term Capital Lease Obligation represents the total liability for long-term leases lasting over one year. It's amount equal to the present value (the principal) at the beginning of the lease term less lease payments during the lease term.

The interest paid on companies' debt is reflected in the income statement as interest expense. If a company has too much debt and it cannot serve the interest payment on the debt or repay the matured debt, the company risks bankruptcy. Peter Lynch famously said: A company that does not have debt cannot go bankrupt.

A company's long term debt may have different dates of maturity and interest rates, depending on the terms.

Usually a company issues long term debt to pay for its capital expenditures. Borrowing allows the company to do things that otherwise cannot be done with only the capital it has. But debt can be risky.


China Maple Leaf Educational Systems  (FRA:CML1) Long-Term Debt & Capital Lease Obligation Explanation

LT-Debt-to-Total-Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

China Maple Leaf Educational Systems's LT-Debt-to-Total-Asset ratio for the quarter that ended in Feb. 2024 is calculated as:

LT-Debt-to-Total-Asset (Q: Feb. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Feb. 2024 )/Total Assets (Q: Feb. 2024 )
=8.936/788.662
=0.01

* 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.

Buffett says that durable competitive advantages carry little to no long-term debt because the company is so profitable that even expansions or acquisitions are self financed.

We are interested in long term debt load for the last ten years. If the ten years of operation show little to no long term debt, then the company has some kind of strong competitive advantage.

Warren Buffett's historic purchases indicate that on any given year, the company should have sufficient yearly net earnings to pay all long term within 3 or 4 year earnings period. (e.g. Coke + Moody's = 1yr)

Companies with enough earning power to pay long term debt in less than 3 or 4 years is a good candidate in our search for long term competitive advantage.

BUT, these companies are targets for leveraged buy outs, which saddles the business with long term debt.

If all else indicates the company has a moat, but it has ton of debt, a leveraged buyout may have created the debt. In these cases the company's bonds offer the better bet, in that the company’s earnings power is focused on paying off the debt and not growth.

Important: little or no long term debt often means a Good Long Term Bet


China Maple Leaf Educational Systems Long-Term Debt & Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of China Maple Leaf Educational Systems's Long-Term Debt & Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.


China Maple Leaf Educational Systems Business Description

Traded in Other Exchanges
Address
No. 13, Baolong First Road, Baolong Street, Longgang District, Guangdong Province, Shenzhen, CHN, 518116
China Maple Leaf Educational Systems Ltd provides one of China's private international school systems and has been a Chinese international school operator since 1995. Its Maple Leaf Systems and its secondary, middle, elementary, and foreign national schools have been accredited by Cognia, since 2017. The core component of business is a bilingual, dual-curriculum and dual-diploma high school education. It enables graduates of People's Republic of China, or PRC, and British Columbia, or BC, certified schools to receive both a fully accredited BC high school diploma and a PRC high school diploma. It operates all schools under the "Maple Leaf" brand. The company's reportable segment includes, PRC segment, and the Overseas segment which generates majority of the revenue of the company.

China Maple Leaf Educational Systems Headlines

No Headlines