Arrail Group (HKSE:06639) Long-Term Capital Lease Obligation : HK$639 Mil (As of Sep. 2023)

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What is Arrail Group Long-Term Capital Lease Obligation?

Arrail Group's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$639 Mil.

Arrail Group's quarterly Long-Term Capital Lease Obligation declined from Sep. 2022 (HK$685 Mil) to Mar. 2023 (HK$645 Mil) and declined from Mar. 2023 (HK$645 Mil) to Sep. 2023 (HK$639 Mil).

Arrail Group's annual Long-Term Capital Lease Obligation increased from Mar. 2021 (HK$609 Mil) to Mar. 2022 (HK$754 Mil) but then declined from Mar. 2022 (HK$754 Mil) to Mar. 2023 (HK$645 Mil).

Arrail Group Long-Term Capital Lease Obligation Historical Data

The historical data trend for Arrail Group'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.

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Arrail Group Long-Term Capital Lease Obligation Chart

Arrail Group Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Long-Term Capital Lease Obligation

615.59

563.64

609.44

753.59

644.93

Arrail Group Semi-Annual Data
	Mar19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial				664.19	753.59	685.02	644.93	638.95

Arrail Group (HKSE:06639) 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.

Arrail Group Long-Term Capital Lease Obligation Related Terms

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Arrail Group (HKSE:06639) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Arrail Group Ltd (HKSE:06639) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

I1D:Germany

Address

No. 18, Ziyue Road, 6th Floor, Building 11, Chaolai Science Park, Chaoyang District, Beijing, CHN

Website

https://www.arrailgroup.com

Arrail Group Ltd is a dental services provider in the premium private dental service market in China.

Executives

Zou Qifang
The Goldman Sachs Group, Inc.
Arrail Sunshine Holdings Limited	2301 Trustee
Kastle Limited	2301 Trustee
Total Success Investment Ltd.	2101 Beneficial owner
Zhang Zheng	2201 Interest of corporation controlled by you
Young Roger K C	2201 Interest of corporation controlled by you
Empire Choice International Limited	2501 Other
Buckley John Paul	2201 Interest of corporation controlled by you
19 Growth Capital Fund Lp	2102 Investment manager
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United Culture Assets Limited
Qiming Gp Ii, L.p.	2201 Interest of corporation controlled by you
Kpcb China Associates Ltd	2201 Interest of corporation controlled by you

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