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China Jo-Jo Drugstores (FRA:7QL) Long-Term Capital Lease Obligation : €7.0 Mil (As of Sep. 2023)


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What is China Jo-Jo Drugstores Long-Term Capital Lease Obligation?

China Jo-Jo Drugstores's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2023 was €7.0 Mil.

China Jo-Jo Drugstores's quarterly Long-Term Capital Lease Obligation declined from Sep. 2022 (€8.6 Mil) to Mar. 2023 (€7.3 Mil) and declined from Mar. 2023 (€7.3 Mil) to Sep. 2023 (€7.0 Mil).

China Jo-Jo Drugstores's annual Long-Term Capital Lease Obligation declined from Mar. 2021 (€12.7 Mil) to Mar. 2022 (€8.4 Mil) and declined from Mar. 2022 (€8.4 Mil) to Mar. 2023 (€7.3 Mil).


China Jo-Jo Drugstores Long-Term Capital Lease Obligation Historical Data

The historical data trend for China Jo-Jo Drugstores'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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China Jo-Jo Drugstores Long-Term Capital Lease Obligation Chart

China Jo-Jo Drugstores Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 17.24 12.70 8.35 7.26

China Jo-Jo Drugstores Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 13.65 8.35 8.56 7.26 6.98

China Jo-Jo Drugstores  (FRA:7QL) 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.

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China Jo-Jo Drugstores (FRA:7QL) Business Description

Traded in Other Exchanges
Address
386 Shangtang Road, Hai Wai Hai Tongxin Mansion Floor 6, Gong Shu District, Zhejiang Province, Hangzhou, CHN, 310008
China Jo-Jo Drugstores Inc is a retailer and distributor of pharmaceutical products. The company's operating segments include Retail drugstores, Online Pharmacy, Drug wholesale, and Herb farming. Retail drugstores segment sells prescription and over-the-counter medicines, TCM, dietary supplements, medical devices, and sundry items to retail customers. The online pharmacy segment sells drugs through third-party platforms such as Alibaba's Tmall, JD.com, and Amazon.com. It generates maximum revenue from the Retail drugstores segment.

China Jo-Jo Drugstores (FRA:7QL) Headlines

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