Econ Healthcare (Asia) (SGX:EHG) Long-Term Capital Lease Obligation : S$27.32 Mil (As of Sep. 2023)

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What is Econ Healthcare (Asia) Long-Term Capital Lease Obligation?

Econ Healthcare (Asia)'s Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2023 was S$27.32 Mil.

Econ Healthcare (Asia)'s quarterly Long-Term Capital Lease Obligation declined from Sep. 2022 (S$38.03 Mil) to Mar. 2023 (S$35.54 Mil) and declined from Mar. 2023 (S$35.54 Mil) to Sep. 2023 (S$27.32 Mil).

Econ Healthcare (Asia)'s annual Long-Term Capital Lease Obligation increased from Mar. 2021 (S$23.68 Mil) to Mar. 2022 (S$35.75 Mil) but then declined from Mar. 2022 (S$35.75 Mil) to Mar. 2023 (S$35.54 Mil).

Econ Healthcare (Asia) Long-Term Capital Lease Obligation Historical Data

The historical data trend for Econ Healthcare (Asia)'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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Econ Healthcare (Asia) Long-Term Capital Lease Obligation Chart

Econ Healthcare (Asia) Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Long-Term Capital Lease Obligation

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18.02

25.69

23.68

35.75

35.54

Econ Healthcare (Asia) Semi-Annual Data
	Mar18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial						21.32	35.75	38.03	35.54	27.32

Econ Healthcare (Asia) (SGX:EHG) 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.

Econ Healthcare (Asia) Long-Term Capital Lease Obligation Related Terms

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Econ Healthcare (Asia) (SGX:EHG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Econ Healthcare (Asia) Ltd (SGX:EHG) » Definitions » Long-Term Capital Lease Obligation

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Traded in Other Exchanges

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Address

160 Changi Road, No. 05-01-13, Hexacube, Singapore, SGP, 419728

Website

https://www.econhealthcare.com

Econ Healthcare (Asia) Ltd is a private nursing home operator in Singapore and Malaysia. The operating business segments are Medicare Centres and Nursing Homes and Other Operations and Ancillary Services. The company derives maximum revenue from the provision of medicare centres and the nursing home segment. Geographically it derives a majority of its revenue from Singapore.

Econ Healthcare (Asia) (SGX:EHG) Headlines

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