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Thanh Hoa Petroleum Construction JSC (HSTC:PVH) Long-Term Capital Lease Obligation : ₫0.00 Mil (As of . 20)


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What is Thanh Hoa Petroleum Construction JSC Long-Term Capital Lease Obligation?

Thanh Hoa Petroleum Construction JSC's Long-Term Capital Lease Obligation for the quarter that ended in . 20 was ₫0.00 Mil.


Thanh Hoa Petroleum Construction JSC Long-Term Capital Lease Obligation Historical Data

The historical data trend for Thanh Hoa Petroleum Construction JSC'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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Thanh Hoa Petroleum Construction JSC Long-Term Capital Lease Obligation Chart

Thanh Hoa Petroleum Construction JSC Annual Data
Trend
Long-Term Capital Lease Obligation

Thanh Hoa Petroleum Construction JSC Semi-Annual Data
Long-Term Capital Lease Obligation

Thanh Hoa Petroleum Construction JSC  (HSTC:PVH) 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.

Thanh Hoa Petroleum Construction JSC Long-Term Capital Lease Obligation Related Terms

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Thanh Hoa Petroleum Construction JSC (HSTC:PVH) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
No. 38A Le Loi Boulevard, 10th floor of Petroleum Building, Thanh Hoa Province, Thanh Hoa, VNM
Thanh Hoa Petroleum Construction JSC operates in the field of civil construction, construction and installation. oil and gas industry, industrial park infrastructure investment, real estate business investment, mineral exploitation. The Company has its main business in the construction of petroleum works and infrastructure of industrial parks in Thanh Hoa and the North region.