CK Asset Holdings (HKSE:01113) Long-Term Capital Lease Obligation : HK$5,555 Mil (As of Dec. 2023)

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What is CK Asset Holdings Long-Term Capital Lease Obligation?

CK Asset Holdings's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$5,555 Mil.

CK Asset Holdings's quarterly Long-Term Capital Lease Obligation increased from Dec. 2022 (HK$5,276 Mil) to Jun. 2023 (HK$5,557 Mil) but then declined from Jun. 2023 (HK$5,557 Mil) to Dec. 2023 (HK$5,555 Mil).

CK Asset Holdings's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (HK$6,099 Mil) to Dec. 2022 (HK$5,276 Mil) but then increased from Dec. 2022 (HK$5,276 Mil) to Dec. 2023 (HK$5,555 Mil).

CK Asset Holdings Long-Term Capital Lease Obligation Historical Data

The historical data trend for CK Asset Holdings'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.

CK Asset Holdings Long-Term Capital Lease Obligation Chart

CK Asset Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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6,636.00

6,980.00

6,099.00

5,276.00

5,555.00

CK Asset Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															6,099.00	5,205.00	5,276.00	5,557.00	5,555.00

CK Asset Holdings (HKSE:01113) 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.

CK Asset Holdings Long-Term Capital Lease Obligation Related Terms

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CK Asset Holdings (HKSE:01113) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » CK Asset Holdings Ltd (HKSE:01113) » Definitions » Long-Term Capital Lease Obligation

Traded in Other Exchanges

CNGKY:USA CHKGF:USA 1CK1:Germany

Address

2 Queen’s Road Central, 7th Floor, Cheung Kong Center, Hong Kong, HKG

Website

https://www.ckah.com

CK Asset Holdings Ltd is an investment holding company. The company has diverse activities encompassing property development and investment, hotel and serviced suite operation, property and project management, pub operation, and investment in infrastructure and utility asset operation.

Executives

Li Ka-shing Unity Trustcorp Limited
Li Ka-shing Unity Trustee Company Limited
Li Ka-shing Unity Trustee Corporation Limited
Li Ka Shing Foundation Limited
Li Tzar Kuoi, Victor
Li Ka-shing
Blackrock, Inc.	2201 Interest of corporation controlled by you

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