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Ken Holding Co (SZSE:300126) Long-Term Capital Lease Obligation : ¥0.0 Mil (As of Mar. 2024)


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What is Ken Holding Co Long-Term Capital Lease Obligation?

Ken Holding Co's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥0.0 Mil.

Ken Holding Co's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (¥0.6 Mil) to Dec. 2023 (¥0.2 Mil) and declined from Dec. 2023 (¥0.2 Mil) to Mar. 2024 (¥0.0 Mil).

Ken Holding Co's annual Long-Term Capital Lease Obligation stayed the same from Dec. 2021 (¥0.0 Mil) to Dec. 2022 (¥0.0 Mil) but then increased from Dec. 2022 (¥0.0 Mil) to Dec. 2023 (¥0.2 Mil).


Ken Holding Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Ken Holding Co'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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Ken Holding Co Long-Term Capital Lease Obligation Chart

Ken Holding Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.18

Ken Holding Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 0.59 0.59 0.18 -

Ken Holding Co  (SZSE:300126) 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.

Ken Holding Co Long-Term Capital Lease Obligation Related Terms

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Ken Holding Co (SZSE:300126) Business Description

Traded in Other Exchanges
N/A
Address
No. 5 Xinrong Road, Xingqiao Town, Songjiang District, Shanghai, CHN, 201612
Ken Holding Co Ltd is engaged in manufacturing and selling power tools. The products of the company include cordless tool, drill tool, abrasive tool, cutting tool, hammer tool, saw tool, sanding, trimming, and planning tools, measuring tools, and auto insurance tool.
Executives
Ying Xiao Yong Directors, executives
Wu Xia Qin Directors, executives
Xiang Jun Directors, executives
Xu Xiu Lan Securities Affairs Representative
Shen Wei Hua Supervisors
Wu Ming Ting Directors, executives
Ying Yuan Lin Director

Ken Holding Co (SZSE:300126) Headlines

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