Kun Peng International (Kun Peng International) Long-Term Capital Lease Obligation : $0.00 Mil (As of Mar. 2024)

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What is Kun Peng International Long-Term Capital Lease Obligation?

Kun Peng International's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil.

Kun Peng International's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 ($0.10 Mil) to Dec. 2023 ($0.08 Mil) and declined from Dec. 2023 ($0.08 Mil) to Mar. 2024 ($0.00 Mil).

Kun Peng International's annual Long-Term Capital Lease Obligation increased from Sep. 2021 ($0.05 Mil) to Sep. 2022 ($0.26 Mil) but then declined from Sep. 2022 ($0.26 Mil) to Sep. 2023 ($0.10 Mil).

Kun Peng International Long-Term Capital Lease Obligation Historical Data

The historical data trend for Kun Peng International'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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Kun Peng International Long-Term Capital Lease Obligation Chart

Kun Peng International Annual Data

Trend

Sep20

Sep21

Sep22

Sep23

Long-Term Capital Lease Obligation

0.16

0.05

0.26

0.10

Kun Peng International Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial											0.13	0.16	0.10	0.08	-

Kun Peng International (OTCPK:KPEA) 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.

Kun Peng International Long-Term Capital Lease Obligation Related Terms

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Kun Peng International (Kun Peng International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Kun Peng International Ltd (OTCPK:KPEA) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1001, Huihe South Street, 1st Floor, Building 3, Banbidian Village, Gaobeidian Town, Chaoyang Distrct, Beijing, CHN, 100025

Website

http://www.kp-china.com

Kun Peng International Ltd through its subsidiaries and VIE currently sell healthcare and health-related household products through its online platform, King Eagle Mall and physical store (Smart kiosks) as the carrier to provide people with more professional and comprehensive health services. Its products include health care products such as dietary supplements, nutritional health foods, beauty cosmeceuticals, and other categories (for instance, milk powder, and dried fruits) of health foods for supporting the cardiovascular system, and bone joint health. It offers collagen peptides, probiotics, and health foods for improving blood circulation and vein health, as well as household products that can promote and improve a healthier lifestyle.

Executives

Todd Sudeck

director, 10 percent owner, officer: Pres/CEO/CFO/Sec

3100 AIRWAY, SUITE 141, COSTA MESA CA 92626

Kun Peng International (Kun Peng International) Headlines

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