Perennial Energy Holdings (HKSE:02798) Long-Term Capital Lease Obligation : HK$0 Mil (As of Dec. 2023)

View and export this data going back to 2018. Start your Free Trial

What is Perennial Energy Holdings Long-Term Capital Lease Obligation?

Perennial Energy Holdings's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$0 Mil.

Perennial Energy Holdings's quarterly Long-Term Capital Lease Obligation declined from Dec. 2022 (HK$1 Mil) to Jun. 2023 (HK$1 Mil) and declined from Jun. 2023 (HK$1 Mil) to Dec. 2023 (HK$0 Mil).

Perennial Energy Holdings's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (HK$3 Mil) to Dec. 2022 (HK$1 Mil) and declined from Dec. 2022 (HK$1 Mil) to Dec. 2023 (HK$0 Mil).

Perennial Energy Holdings Long-Term Capital Lease Obligation Historical Data

The historical data trend for Perennial Energy 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.

Perennial Energy Holdings Long-Term Capital Lease Obligation Chart

Perennial Energy Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

2.03

3.15

1.45

Perennial Energy Holdings Semi-Annual Data
	Dec15	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial										3.15	2.27	1.45	0.71	-

Perennial Energy Holdings (HKSE:02798) 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.

Perennial Energy Holdings Long-Term Capital Lease Obligation Related Terms

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

Perennial Energy Holdings (HKSE:02798) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Perennial Energy Holdings Ltd (HKSE:02798) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

PEZ:Germany

Address

Hongguo Economic Development Area, Office Building next to E' Lang Pu Leisure Square, Guizhou Province, Liupanshui, CHN

Website

https://www.perennialenergy.hk

Perennial Energy Holdings Ltd is a coal mining. The company operates two underground coal mines in the Songshan coalfield in western Panzhou City, Guizhou Province, the People's Republic of China, namely, the Hongguo Mine and the Baogushan Mine. The revenue of the company is derived from the production and sales of coal products including clean coal, middling coal, and sludge coal; and the sale of coalbed methane gas as well as subcontracting income on coal washing services for Bangda in the People's Republic of China.

Executives

Spring Snow Management Limited
Yu Bang Ping
Lucky Street Limited
Qu Liu Mei	2202 Interest of your spouse
Gain Resources Limited
Leung Ka Hung

Perennial Energy Holdings (HKSE:02798) Headlines

No Headlines