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Cafe de Coral Holdings (HKSE:00341) Long-Term Capital Lease Obligation : HK$1,362 Mil (As of Sep. 2023)


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What is Cafe de Coral Holdings Long-Term Capital Lease Obligation?

Cafe de Coral Holdings's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$1,362 Mil.

Cafe de Coral Holdings's quarterly Long-Term Capital Lease Obligation declined from Sep. 2022 (HK$1,534 Mil) to Mar. 2023 (HK$1,508 Mil) and declined from Mar. 2023 (HK$1,508 Mil) to Sep. 2023 (HK$1,362 Mil).

Cafe de Coral Holdings's annual Long-Term Capital Lease Obligation declined from Mar. 2021 (HK$1,369 Mil) to Mar. 2022 (HK$1,342 Mil) but then increased from Mar. 2022 (HK$1,342 Mil) to Mar. 2023 (HK$1,508 Mil).


Cafe de Coral Holdings Long-Term Capital Lease Obligation Historical Data

The historical data trend for Cafe de Coral 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.

Cafe de Coral Holdings Long-Term Capital Lease Obligation Chart

Cafe de Coral Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,017.54 1,845.28 1,368.55 1,342.00 1,508.46

Cafe de Coral Holdings Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 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 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 1,362.96 1,342.00 1,534.09 1,508.46 1,362.11

Cafe de Coral Holdings  (HKSE:00341) 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.

Cafe de Coral Holdings Long-Term Capital Lease Obligation Related Terms

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Cafe de Coral Holdings (HKSE:00341) Business Description

Traded in Other Exchanges
Address
No. 5-13 Wo Shui Street, Fo Tan, 10th Floor, Cafe de Coral Centre, Shatin, New Territories, Hong Kong, HKG
Cafe de Coral Holdings Ltd is a restaurant and catering company. It operates quick service restaurants and institutional catering, fast casual and casual dining chains, as well as food processing and distribution business. Geographically, it derives a majority of revenue from Hong Kong and also has a presence in Mainland China.
Executives
Sky Bright International Limited 2201 Interest of corporation controlled by you
Verdant Success Holdings Limited 2201 Interest of corporation controlled by you
Wandels Investment Limited 2101 Beneficial owner
Butterfield Trust (guernsey) Limited 2301 Trustee
Lo Tak Shing, Peter 2501 Other
Ng Yuen Han 2202 Interest of your spouse
Victor Reach Investments Limited 2101 Beneficial owner
Lo Hoi Kwong, Sunny 2201 Interest of corporation controlled by you
Mondrian Investment Partners Limited 2102 Investment manager
Sky Bright International Ltd. 2201 Interest of corporation controlled by you
Verdant Success Holdings Ltd. 2201 Interest of corporation controlled by you
Ardley Enterprises (ptc) Limited 2301 Trustee
Tso Po Ping 2202 Interest of your spouse

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