Great Eagle Holdings (HKSE:00041) Long-Term Capital Lease Obligation : HK$336 Mil (As of Dec. 2023)

View and export this data going back to 1972. Start your Free Trial

What is Great Eagle Holdings Long-Term Capital Lease Obligation?

Great Eagle Holdings's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$336 Mil.

Great Eagle Holdings's quarterly Long-Term Capital Lease Obligation declined from Dec. 2022 (HK$6 Mil) to Jun. 2023 (HK$5 Mil) but then increased from Jun. 2023 (HK$5 Mil) to Dec. 2023 (HK$336 Mil).

Great Eagle Holdings's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (HK$11 Mil) to Dec. 2022 (HK$6 Mil) but then increased from Dec. 2022 (HK$6 Mil) to Dec. 2023 (HK$336 Mil).

Great Eagle Holdings Long-Term Capital Lease Obligation Historical Data

The historical data trend for Great Eagle 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.

Great Eagle Holdings Long-Term Capital Lease Obligation Chart

Great Eagle Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

18.23

11.11

11.13

6.36

335.97

Great Eagle Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	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															11.13	6.86	6.36	5.45	335.97

Great Eagle Holdings (HKSE:00041) 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.

Great Eagle Holdings Long-Term Capital Lease Obligation Related Terms

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

Great Eagle Holdings (HKSE:00041) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Great Eagle Holdings Ltd (HKSE:00041) » Definitions » Long-Term Capital Lease Obligation

Traded in Other Exchanges

GEAHF:USA GHK:Germany

Address

23 Harbour Road, 33rd Floor, Great Eagle Centre, Wanchai, Hong Kong, HKG

Website

https://www.greateagle.com.hk

Great Eagle Holdings Ltd is an investment holding company. The group along with its subsidiaries is engaged in property development and investment, operations of hotels, restaurants and flexible workspaces, asset management, project management, trading of building materials, securities investment, provision of property management, maintenance and property agency services and property leasing. The company generates a majority of its revenue from Hong Kong.

Executives

Law Wai Duen, Nina	2101 Beneficial owner
Lo Hong Sui, Antony	2101 Beneficial owner
Lo Ka Shui	2101 Beneficial owner
Lo To Lee Kwan	2501 Other
Surewit Finance Limited	2301 Trustee
Lo Ying Sui	2501 Other
Lo Hong Sui	2501 Other
Adscan Holdings Limited	2101 Beneficial owner
Hsbc International Trustee Limited	2301 Trustee
Lo Kai Shui	2501 Other
Mind Reader Limited	2101 Beneficial owner

Great Eagle Holdings (HKSE:00041) Headlines

No Headlines