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WMHW Holdings (HKSE:08217) Long-Term Capital Lease Obligation : HK$0.00 Mil (As of Sep. 2023)


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What is WMHW Holdings Long-Term Capital Lease Obligation?

WMHW Holdings's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$0.00 Mil.

WMHW Holdings's annual Long-Term Capital Lease Obligation declined from Mar. 2021 (HK$0.16 Mil) to Mar. 2022 (HK$0.00 Mil) but then stayed the same from Mar. 2022 (HK$0.00 Mil) to Mar. 2023 (HK$0.00 Mil).


WMHW Holdings Long-Term Capital Lease Obligation Historical Data

The historical data trend for WMHW 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.

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WMHW Holdings Long-Term Capital Lease Obligation Chart

WMHW Holdings 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 0.66 0.41 0.16 - -

WMHW Holdings Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 - - - - -

WMHW Holdings  (HKSE:08217) 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.

WMHW Holdings Long-Term Capital Lease Obligation Related Terms

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WMHW Holdings (HKSE:08217) Business Description

Industry
Traded in Other Exchanges
N/A
Address
489 Hennessy Road, Unit 2202, 22nd Floor, Causeway Bay Plaza I, Causeway Bay, Hong Kong, HKG
WMHW Holdings Ltd Formerly Luen Wong Group Holdings Ltd is an investment holding company operating through its subsidiaries. It engages in the civil engineering construction industry in Hong Kong and undertakes contracts for various civil engineering construction projects some of which include the West Rail Line Viaduct, Route 9 Ngong Shuen Chau Viaduct, and Central Reclamation Phase III project, Tuen Mun Road, and Fanling Highway.
Executives
Lai Siu Kuen 2202 Interest of your spouse
Law Oi Ling 2202 Interest of your spouse
Wong Che Kwo 2201 Interest of corporation controlled by you
Wong Wing Wah 2201 Interest of corporation controlled by you

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