ST Group Food Industries Holdings (SGX:DRX) Long-Term Capital Lease Obligation : S$17.48 Mil (As of Dec. 2023)

View and export this data going back to 2019. Start your Free Trial

What is ST Group Food Industries Holdings Long-Term Capital Lease Obligation?

ST Group Food Industries Holdings's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was S$17.48 Mil.

ST Group Food Industries Holdings's quarterly Long-Term Capital Lease Obligation declined from Dec. 2022 (S$17.46 Mil) to Jun. 2023 (S$16.75 Mil) but then increased from Jun. 2023 (S$16.75 Mil) to Dec. 2023 (S$17.48 Mil).

ST Group Food Industries Holdings's annual Long-Term Capital Lease Obligation declined from Jun. 2021 (S$22.56 Mil) to Jun. 2022 (S$19.48 Mil) and declined from Jun. 2022 (S$19.48 Mil) to Jun. 2023 (S$16.75 Mil).

ST Group Food Industries Holdings Long-Term Capital Lease Obligation Historical Data

The historical data trend for ST Group Food Industries 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.

ST Group Food Industries Holdings Long-Term Capital Lease Obligation Chart

ST Group Food Industries Holdings Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

2.37

21.44

22.56

19.48

16.75

ST Group Food Industries Holdings Semi-Annual Data
	Jun16	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										18.90	19.48	17.46	16.75	17.48

ST Group Food Industries Holdings (SGX:DRX) 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.

ST Group Food Industries Holdings Long-Term Capital Lease Obligation Related Terms

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

ST Group Food Industries Holdings (SGX:DRX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » ST Group Food Industries Holdings Ltd (SGX:DRX) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

120-130 Turner Street, Port Melbourne, Melbourne, VIC, AUS, 3207

Website

http://www.stgroup.net.au

ST Group Food Industries Holdings Ltd is an investment holding company. The company's operating segment includes Food and beverage retails; Supply chain; Franchise and Others. It generates maximum revenue from the Food and beverage retails segment. The food and beverage retails segment includes operations to all franchise and Group-owned restaurants and stores. Its supply chain segment predominantly includes the manufacturing, procurement and distribution of food, equipment and supplies to restaurants and stores from the group's supply chain center operations in Australia. Geographically, it derives a majority of revenue from Australia and also has a presence in Malaysia; New Zealand, and the United Kingdom.

ST Group Food Industries Holdings (SGX:DRX) Headlines

No Headlines