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Top Wealth Group Holding (Top Wealth Group Holding) Long-Term Capital Lease Obligation : $0.00 Mil (As of Dec. 2023)


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What is Top Wealth Group Holding Long-Term Capital Lease Obligation?

Top Wealth Group Holding's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil.

Top Wealth Group Holding's quarterly Long-Term Capital Lease Obligation declined from Dec. 2022 ($0.02 Mil) to Jun. 2023 ($0.01 Mil) and declined from Jun. 2023 ($0.01 Mil) to Dec. 2023 ($0.00 Mil).

Top Wealth Group Holding's annual Long-Term Capital Lease Obligation increased from Dec. 2021 ($0.00 Mil) to Dec. 2022 ($0.02 Mil) but then declined from Dec. 2022 ($0.02 Mil) to Dec. 2023 ($0.00 Mil).

Top Wealth Group Holding Long-Term Capital Lease Obligation Historical Data

The historical data trend for Top Wealth Group Holding'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.

Top Wealth Group Holding Long-Term Capital Lease Obligation Chart

Top Wealth Group Holding Annual Data
Trend Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
- 0.02 -

Top Wealth Group Holding Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
Long-Term Capital Lease Obligation - - 0.02 0.01 -

Top Wealth Group Holding  (NAS:TWG) 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.

Top Wealth Group Holding Long-Term Capital Lease Obligation Related Terms

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Top Wealth Group Holding (Top Wealth Group Holding) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Top Wealth Group Holding Ltd (NAS:TWG) » Definitions » Long-Term Capital Lease Obligation
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Address
118 Connaught Road West, 7F, Hong Kong Plaza, Units 714 & 715, Hong Kong, HKG
Website
https://www.imperialcristalcaviar.com
Top Wealth Group Holding Ltd is as supplier of caviar and offer caviar-based gourmet products. It is specialized in supplying high quality sturgeons caviar.

Top Wealth Group Holding (Top Wealth Group Holding) Headlines

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