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Peiport Holdings (Peiport Holdings) Long-Term Capital Lease Obligation : $0.14 Mil (As of Dec. 2023)


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What is Peiport Holdings Long-Term Capital Lease Obligation?

Peiport Holdings's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.14 Mil.

Peiport Holdings's quarterly Long-Term Capital Lease Obligation declined from Dec. 2022 ($0.56 Mil) to Jun. 2023 ($0.31 Mil) and declined from Jun. 2023 ($0.31 Mil) to Dec. 2023 ($0.14 Mil).

Peiport Holdings's annual Long-Term Capital Lease Obligation increased from Dec. 2021 ($0.17 Mil) to Dec. 2022 ($0.56 Mil) but then declined from Dec. 2022 ($0.56 Mil) to Dec. 2023 ($0.14 Mil).


Peiport Holdings Long-Term Capital Lease Obligation Historical Data

The historical data trend for Peiport Holdings'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.

Peiport Holdings Long-Term Capital Lease Obligation Chart

Peiport Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only 0.30 0.39 0.17 0.56 0.14

Peiport Holdings Semi-Annual Data
Dec15 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.17 0.73 0.56 0.31 0.14

Peiport Holdings  (OTCPK:PPRTF) 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.

Peiport Holdings Long-Term Capital Lease Obligation Related Terms

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Peiport Holdings (Peiport Holdings) Business Description

Traded in Other Exchanges
Address
No. 29 Leighton Road, Suite 602, Chinachem Leighton Plaza, 6 Floor, Causeway Bay, Hong Kong, HKG
Peiport Holdings Ltd is engaged in the provision of thermal imaging products and services; self-stabilised imaging products and services; and general aviation products and services. The company's segments include thermal imaging products and services, self-stabilised imaging products and services, and general aviation products and services. The products and services in thermal imaging segment are divided into three categories products under its own brand name, PTi; products of other brands; and thermal imaging inspection services. It operates in Mainland China, Hong Kong and Macau, and Overseas, with majority of the revenue deriving from Mainland China.

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