Yidu Tech (HKSE:02158) Long-Term Capital Lease Obligation : HK$6.1 Mil (As of Sep. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Yidu Tech Long-Term Capital Lease Obligation?

Yidu Tech's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$6.1 Mil.

Yidu Tech's quarterly Long-Term Capital Lease Obligation declined from Sep. 2022 (HK$10.5 Mil) to Mar. 2023 (HK$5.2 Mil) but then increased from Mar. 2023 (HK$5.2 Mil) to Sep. 2023 (HK$6.1 Mil).

Yidu Tech's annual Long-Term Capital Lease Obligation increased from Mar. 2021 (HK$8.2 Mil) to Mar. 2022 (HK$32.0 Mil) but then declined from Mar. 2022 (HK$32.0 Mil) to Mar. 2023 (HK$5.2 Mil).

Yidu Tech Long-Term Capital Lease Obligation Historical Data

The historical data trend for Yidu Tech'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.

Yidu Tech Long-Term Capital Lease Obligation Chart

Yidu Tech Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

12.65

23.77

8.24

32.04

5.23

Yidu Tech Semi-Annual Data
	Mar18	Mar19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial					41.07	32.04	10.55	5.23	6.09

Yidu Tech (HKSE:02158) 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.

Yidu Tech Long-Term Capital Lease Obligation Related Terms

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

Yidu Tech (HKSE:02158) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Yidu Tech Inc (HKSE:02158) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

0EL:Germany

Address

No.9 Building of Huayuan North Road, 8th Floor Health Work, Haidian District, Beijing, CHN

Website

https://www.yidutechgroup.com

Yidu Tech offers healthcare Big Data. It is an AI cloud-based firm providing solutions and tools to aid in more informed decisions to drive better efficiency in clients' strategies. Its clients are hospitals, pharmaceutical, biotech and medical device firms, research institutions, insurance companies, patients, and regulators. It three business segments are: Big Data platform and solutions, which partners with hospitals and policymakers to drive better efficiency; life sciences solutions, which enables better probability of clinical trial success with less drug development time and cost; and health management solutions, which helps with patient management. The Big Data platform accounted for 33% of revenue, life science solutions 30%, and health management solutions 27%, in fiscal 2022.

Executives

Gong Yingying	2202 Interest of your spouse
Xu Jiming	2101 Beneficial owner
Brunei Investment Agency	2101 Beneficial owner
Gic Private Limited	2102 Investment manager
Sweet Panda Limited	2101 Beneficial owner

Yidu Tech (HKSE:02158) Headlines

No Headlines