Fosun Tourism Group (FRA:6T8) Long-Term Capital Lease Obligation : €1,416 Mil (As of Dec. 2023)

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

What is Fosun Tourism Group Long-Term Capital Lease Obligation?

Fosun Tourism Group's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was €1,416 Mil.

Fosun Tourism Group's quarterly Long-Term Capital Lease Obligation increased from Dec. 2022 (€1,410 Mil) to Jun. 2023 (€1,423 Mil) but then declined from Jun. 2023 (€1,423 Mil) to Dec. 2023 (€1,416 Mil).

Fosun Tourism Group's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (€1,201 Mil) to Dec. 2022 (€1,410 Mil) and increased from Dec. 2022 (€1,410 Mil) to Dec. 2023 (€1,416 Mil).

Fosun Tourism Group Long-Term Capital Lease Obligation Historical Data

The historical data trend for Fosun Tourism 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.

* Premium members only.

Fosun Tourism Group Long-Term Capital Lease Obligation Chart

Fosun Tourism Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

1,057.40

1,111.81

1,200.55

1,409.74

1,415.98

Fosun Tourism Group 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											1,200.55	1,273.13	1,409.74	1,423.27	1,415.98

Fosun Tourism Group (FRA:6T8) 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.

Fosun Tourism Group Long-Term Capital Lease Obligation Related Terms

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

Fosun Tourism Group (FRA:6T8) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Fosun Tourism Group (FRA:6T8) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

01992:Hong Kong

Address

3 Garden Road, Room 808 & 2101-06, ICBC Tower, Central, Hong Kong, HKG, 210010

Website

http://www.fosunholiday.com

Fosun Tourism Group is primarily engaged in providing pioneering and family-focused tourism and leisure solutions. The principal business activities of the group are resort; tourism destinations; and services and solutions in various tourism and leisure settings.

Fosun Tourism Group (FRA:6T8) Headlines

No Headlines