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CN Energy Group (CN Energy Group) Long-Term Capital Lease Obligation : $0.00 Mil (As of Sep. 2023)


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What is CN Energy Group Long-Term Capital Lease Obligation?

CN Energy Group's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil.

CN Energy Group's quarterly Long-Term Capital Lease Obligation declined from Sep. 2022 ($0.02 Mil) to Mar. 2023 ($0.00 Mil) but then stayed the same from Mar. 2023 ($0.00 Mil) to Sep. 2023 ($0.00 Mil).

CN Energy Group's annual Long-Term Capital Lease Obligation declined from Sep. 2021 ($0.03 Mil) to Sep. 2022 ($0.02 Mil) and declined from Sep. 2022 ($0.02 Mil) to Sep. 2023 ($0.00 Mil).


CN Energy Group Long-Term Capital Lease Obligation Historical Data

The historical data trend for CN Energy Group'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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CN Energy Group Long-Term Capital Lease Obligation Chart

CN Energy Group Annual Data
Trend Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial - 0.07 0.03 0.02 -

CN Energy Group Semi-Annual Data
Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Long-Term Capital Lease Obligation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.03 0.04 0.02 - -

CN Energy Group  (NAS:CNEY) 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.

CN Energy Group Long-Term Capital Lease Obligation Related Terms

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CN Energy Group (CN Energy Group) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 268 Shiniu Road, Building 2-B, Room 206, Liandu District, Zhejiang Province, Lishui, CHN
CN Energy Group Inc along with its subsidiaries is a manufacturer and supplier of wood-based activated carbon that is used in pharmaceutical manufacturing, industrial manufacturing, water purification, environmental protection, and food and beverage production and a producer of biomass electricity generated in the process of producing activated carbon. The firm generates a majority of its revenue from Activated carbon.