Imperium Technology Group (Imperium Technology Group) Long-Term Capital Lease Obligation : $0.22 Mil (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Imperium Technology Group Long-Term Capital Lease Obligation?

Imperium Technology Group's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.22 Mil.

Imperium Technology Group's quarterly Long-Term Capital Lease Obligation declined from Dec. 2022 ($0.50 Mil) to Jun. 2023 ($0.31 Mil) and declined from Jun. 2023 ($0.31 Mil) to Dec. 2023 ($0.22 Mil).

Imperium Technology Group's annual Long-Term Capital Lease Obligation declined from Dec. 2021 ($0.69 Mil) to Dec. 2022 ($0.50 Mil) and declined from Dec. 2022 ($0.50 Mil) to Dec. 2023 ($0.22 Mil).

Imperium Technology Group Long-Term Capital Lease Obligation Historical Data

The historical data trend for Imperium Technology Group'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.

Imperium Technology Group Long-Term Capital Lease Obligation Chart

Imperium Technology Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

0.53

0.60

0.69

0.50

0.22

Imperium Technology Group 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															0.69	0.27	0.50	0.31	0.22

Imperium Technology Group (OTCPK:IPGGF) 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.

Imperium Technology Group Long-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of Imperium Technology Group's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.

Imperium Technology Group (Imperium Technology Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Imperium Technology Group Ltd (OTCPK:IPGGF) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

00776:Hong Kong

Address

No. 181 Hoi Bun Road, Room 02, 26th Floor, One Harbour Square, Kwun Tong, Kowloon, Hong Kong, HKG

Website

http://www.776.hk

Imperium Technology Group Ltd is an investment holding company. Its operating segment are 1) Online game segment includes marketing and the operation of mobile games and computer games and sale of NFTs and other digital tokens. 2) Cloud computing and data storage segment engage in cryptocurrency mining and rental of machines to customers to engage in cryptocurrency mining. 3) Esports segment includes participating in esports competitions, streaming and marketing event, and merchandise sales. 4) Household products segment includes the manufacture and sale of stainless steel furnishings and home products. 5) Property investment segment includes rental income from investment properties. 6) Money lending segment includes interest income from the money lending business.

Imperium Technology Group (Imperium Technology Group) Headlines

No Headlines