9F (JFU) Long-Term Capital Lease Obligation : $2.06 Mil (As of Dec. 2023)

View and export this data going back to 2019. Start your Free Trial

What is 9F Long-Term Capital Lease Obligation?

9F's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2.06 Mil.

9F's quarterly Long-Term Capital Lease Obligation increased from Dec. 2022 ($1.19 Mil) to Jun. 2023 ($2.28 Mil) but then declined from Jun. 2023 ($2.28 Mil) to Dec. 2023 ($2.06 Mil).

9F's annual Long-Term Capital Lease Obligation declined from Dec. 2021 ($2.81 Mil) to Dec. 2022 ($1.19 Mil) but then increased from Dec. 2022 ($1.19 Mil) to Dec. 2023 ($2.06 Mil).

9F Long-Term Capital Lease Obligation Historical Data

The historical data trend for 9F'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.

9F Long-Term Capital Lease Obligation Chart

9F Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

17.88

4.51

2.81

1.19

2.06

9F Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial									2.81	2.48	1.19	2.28	2.06

9F (NAS:JFU) 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.

9F Long-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of 9F's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.

9F (JFU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » 9F Inc (NAS:JFU) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

5 West Laiguangying Road, Room 1207, Building No. 5, Chaoyang District, Beijing, CHN, 100012

Website

https://ir.9fgroup.com

9F Inc is a financial account platform integrating and personalizing financial services in China. It provides a range of financial products and services across online lending, wealth management, and payment facilitation, all integrated under a single digital financial account. The company generates the majority of its revenue from Loan facilitation services. All its revenues are generated from the People's Republic of China.