Solowin Holdings (Solowin Holdings) Long-Term Capital Lease Obligation : $0.01 Mil (As of Sep. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Solowin Holdings Long-Term Capital Lease Obligation?

Solowin Holdings's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.01 Mil.

Solowin Holdings's quarterly Long-Term Capital Lease Obligation increased from Sep. 2022 ($0.00 Mil) to Mar. 2023 ($0.10 Mil) but then declined from Mar. 2023 ($0.10 Mil) to Sep. 2023 ($0.01 Mil).

Solowin Holdings's annual Long-Term Capital Lease Obligation declined from Mar. 2021 ($0.10 Mil) to Mar. 2022 ($0.00 Mil) but then increased from Mar. 2022 ($0.00 Mil) to Mar. 2023 ($0.10 Mil).

Solowin Holdings Long-Term Capital Lease Obligation Historical Data

The historical data trend for Solowin 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.

Solowin Holdings Long-Term Capital Lease Obligation Chart

Solowin Holdings Annual Data

Trend

Mar21

Mar22

Mar23

Long-Term Capital Lease Obligation

0.10

Solowin Holdings Semi-Annual Data
	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial			-	-	-	0.10	0.01

Solowin Holdings (NAS:SWIN) 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.

Solowin Holdings Long-Term Capital Lease Obligation Related Terms

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

Solowin Holdings (Solowin Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Solowin Holdings Ltd (NAS:SWIN) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

33 Canton Road, Room 1910-1912A, Tower 3, Tsim Sha Tsui, Kowloon, Hong Kong, HKG

Website

https://www.solomonwin.com.hk

Solowin Holdings is a investor-focused, versatile securities brokerage company in Hong Kong. It offers a wide spectrum of products and services through its advanced and secured one-stop electronic platform. It is primarily engaged in providing securities related services, investment advisory service, and asset management service to customers.

Solowin Holdings (Solowin Holdings) Headlines

From GuruFocus

Solowin Holdings Announces Pricing of Initial Public Offering

By Marketwired • 09-06-2023

Solowin Holdings Announces Pricing of Initial Public Offering

By GlobeNewswire • 09-06-2023

Solowin Holdings Announces Closing of Initial Public Offering

By Marketwired • 09-08-2023