Helens International Holdings Co (HKSE:09869) Long-Term Capital Lease Obligation : HK$191 Mil (As of Dec. 2023)

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What is Helens International Holdings Co Long-Term Capital Lease Obligation?

Helens International Holdings Co's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$191 Mil.

Helens International Holdings Co's quarterly Long-Term Capital Lease Obligation declined from Dec. 2022 (HK$631 Mil) to Jun. 2023 (HK$326 Mil) and declined from Jun. 2023 (HK$326 Mil) to Dec. 2023 (HK$191 Mil).

Helens International Holdings Co's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (HK$1,299 Mil) to Dec. 2022 (HK$631 Mil) and declined from Dec. 2022 (HK$631 Mil) to Dec. 2023 (HK$191 Mil).

Helens International Holdings Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Helens International Holdings Co'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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Helens International Holdings Co Long-Term Capital Lease Obligation Chart

Helens International Holdings Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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375.32

545.75

1,298.70

631.17

190.98

Helens International Holdings Co Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial					1,298.70	1,156.71	631.17	326.09	190.98

Helens International Holdings Co (HKSE:09869) 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.

Helens International Holdings Co Long-Term Capital Lease Obligation Related Terms

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Helens International Holdings Co (HKSE:09869) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Helens International Holdings Co Ltd (HKSE:09869) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

5ZW:Germany

Address

No. 792 Gaoxin Avenue, Building B2, Guanggu Chongwen Centre Phase I, East Lake New Technology Development Zone, Hubei Province, Wuhan, CHN

Website

https://www.helensbar.com

Helens International Holdings Co Ltd is principally engaged in bar operations and franchise business.

Executives

Cantrust (far East) Limited	2301 Trustee
Hhl International Limited	2101 Beneficial owner
Hlsh Holding Limited	2201 Interest of corporation controlled by you
Xu Bingzhong	2307 Founder of a discretionary trust who can infl
Xu Bingzhong	2307 Founder of a discretionary trust who can infl

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