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Melco International Development (HKSE:00200) Long-Term Capital Lease Obligation : HK$1,886 Mil (As of Dec. 2023)


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What is Melco International Development Long-Term Capital Lease Obligation?

Melco International Development's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$1,886 Mil.

Melco International Development's quarterly Long-Term Capital Lease Obligation increased from Dec. 2022 (HK$1,986 Mil) to Jun. 2023 (HK$1,990 Mil) but then declined from Jun. 2023 (HK$1,990 Mil) to Dec. 2023 (HK$1,886 Mil).

Melco International Development's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (HK$3,201 Mil) to Dec. 2022 (HK$1,986 Mil) and declined from Dec. 2022 (HK$1,986 Mil) to Dec. 2023 (HK$1,886 Mil).


Melco International Development Long-Term Capital Lease Obligation Historical Data

The historical data trend for Melco International Development'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.

Melco International Development Long-Term Capital Lease Obligation Chart

Melco International Development Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,729.82 2,683.69 3,201.42 1,985.99 1,885.78

Melco International Development 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3,201.42 2,927.15 1,985.99 1,989.66 1,885.78

Melco International Development  (HKSE:00200) 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.

Melco International Development Long-Term Capital Lease Obligation Related Terms

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Melco International Development (HKSE:00200) Business Description

Traded in Other Exchanges
Address
60 Wyndham Street, 38th Floor, The Centrium, Central, Hong Kong, HKG
Melco International Development Ltd together with its subsidiaries is a developer, owner and operator of international network of casino gaming and entertainment casino resorts. Its operating segments include Casino and Hospitality segment, and the Others segment. The Casino and Hospitality segment comprises operation of casino and provision of hospitality through Melco Resorts and ICR Group. The Others segment comprises other gaming, leisure and entertainment, and property investments. The company's operations are mainly located in Macau, Hong Kong, the Philippines, Cyprus, and Japan. Geographically, the company derives maximum revenue from Macau.
Executives
Ho Lawrence Yau Lung 2201 Interest of corporation controlled by you
Lo Sau Yan, Sharen 2202 Interest of your spouse
Black Spade Capital Limited 2201 Interest of corporation controlled by you
King Dragon Ventures Limited 2201 Interest of corporation controlled by you
Lht I Limited 2201 Interest of corporation controlled by you
Zedra Asia Limited 2301 Trustee
Southeastern Asset Management, Inc. 2102 Investment manager
Great Respect Limited
Zedra Trust Company (cayman) Limited 2301 Trustee
Trident Trust Company (cayman) Limited 2301 Trustee
Ho Hung Sun, Stanley 2501 Other
Lasting Legend Ltd. 2101 Beneficial owner

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