GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » FingerTango Inc (HKSE:06860) » Definitions » Long-Term Capital Lease Obligation

FingerTango (HKSE:06860) Long-Term Capital Lease Obligation : HK$15.1 Mil (As of Dec. 2023)


View and export this data going back to 2018. Start your Free Trial

What is FingerTango Long-Term Capital Lease Obligation?

FingerTango's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$15.1 Mil.

FingerTango's quarterly Long-Term Capital Lease Obligation declined from Dec. 2022 (HK$21.3 Mil) to Jun. 2023 (HK$17.6 Mil) and declined from Jun. 2023 (HK$17.6 Mil) to Dec. 2023 (HK$15.1 Mil).

FingerTango's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (HK$30.5 Mil) to Dec. 2022 (HK$21.3 Mil) and declined from Dec. 2022 (HK$21.3 Mil) to Dec. 2023 (HK$15.1 Mil).


FingerTango Long-Term Capital Lease Obligation Historical Data

The historical data trend for FingerTango'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.

FingerTango Long-Term Capital Lease Obligation Chart

FingerTango 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 1.39 0.39 30.55 21.31 15.07

FingerTango 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 30.55 25.83 21.31 17.56 15.07

FingerTango  (HKSE:06860) 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.

FingerTango Long-Term Capital Lease Obligation Related Terms

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


FingerTango (HKSE:06860) Business Description

Traded in Other Exchanges
N/A
Address
No. 248 Qiaotou Street, Building 5, Zone A, Huaxin Kechuang Island,, Haizhu District, Guangzhou, CHN
FingerTango Inc is a mobile gamer publisher in China with a focus on SLG games. The company and its subsidiaries are principally engaged in the development, operation, and publishing of mobile game business in the People's Republic of China. The company's main games include Tank Frontline, Three Heroes, Super Fleet, Romance of Stars, Wartime, The Age of Rome and My Duty. It markets its products throughout China.
Executives
Liu Jie 2201 Interest of corporation controlled by you
Zhu Yanbin 2201 Interest of corporation controlled by you
Lj Technology Holding Limited 2101 Beneficial owner
Zyb Holding Limited 2101 Beneficial owner
Wu Junjie 2201 Interest of corporation controlled by you
Acery Holding Limited 2101 Beneficial owner

FingerTango (HKSE:06860) Headlines

No Headlines