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DDC Enterprise (DDC Enterprise) Long-Term Capital Lease Obligation : $0.00 Mil (As of Sep. 2023)


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What is DDC Enterprise Long-Term Capital Lease Obligation?

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

DDC Enterprise's quarterly Long-Term Capital Lease Obligation declined from Mar. 2023 ($0.75 Mil) to Jun. 2023 ($0.65 Mil) and declined from Jun. 2023 ($0.65 Mil) to Sep. 2023 ($0.00 Mil).

DDC Enterprise's annual Long-Term Capital Lease Obligation stayed the same from Dec. 2020 ($0.00 Mil) to Dec. 2021 ($0.00 Mil) but then increased from Dec. 2021 ($0.00 Mil) to Dec. 2022 ($0.69 Mil).


DDC Enterprise Long-Term Capital Lease Obligation Historical Data

The historical data trend for DDC Enterprise'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.

DDC Enterprise Long-Term Capital Lease Obligation Chart

DDC Enterprise Annual Data
Trend Dec20 Dec21 Dec22
Long-Term Capital Lease Obligation
- - 0.69

DDC Enterprise Quarterly Data
Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Long-Term Capital Lease Obligation Get a 7-Day Free Trial Premium Member Only - 0.69 0.75 0.65 -

DDC Enterprise  (AMEX:DDC) 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.

DDC Enterprise Long-Term Capital Lease Obligation Related Terms

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DDC Enterprise (DDC Enterprise) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
233 Hollywood Road, Room 1601-1602, 16th Floor, Hollywood Centre, Sheung Wan, HKG
DDC Enterprise Ltd is a content driven consumer brand offering easy, convenient ready-to-heat , ready-to-cook and plant-based meal products i.e. meal products consisting largely or solely of vegetables, fruits, grains and other foods derived from plant-based protein, rather than animal protein) while promoting healthier lifestyle choices to Millennial and Generation Z customer-base. It is also engaged in the provision of advertising services and the operation of experience stores to offer cooking classes.

DDC Enterprise (DDC Enterprise) Headlines