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Easy Click Worldwide Network Technology Co (SZSE:301171) Long-Term Capital Lease Obligation : ¥76 Mil (As of Mar. 2024)


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What is Easy Click Worldwide Network Technology Co Long-Term Capital Lease Obligation?

Easy Click Worldwide Network Technology Co's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥76 Mil.

Easy Click Worldwide Network Technology Co's quarterly Long-Term Capital Lease Obligation increased from Sep. 2023 (¥75 Mil) to Dec. 2023 (¥89 Mil) but then declined from Dec. 2023 (¥89 Mil) to Mar. 2024 (¥76 Mil).

Easy Click Worldwide Network Technology Co's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (¥112 Mil) to Dec. 2022 (¥100 Mil) and declined from Dec. 2022 (¥100 Mil) to Dec. 2023 (¥89 Mil).


Easy Click Worldwide Network Technology Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Easy Click Worldwide Network Technology Co'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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Easy Click Worldwide Network Technology Co Long-Term Capital Lease Obligation Chart

Easy Click Worldwide Network Technology Co Annual Data
Trend Dec13 Dec14 Dec15 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 93.09 112.24 99.76 88.53

Easy Click Worldwide Network Technology Co Quarterly Data
Dec17 Dec18 Sep19 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 100.27 86.87 74.65 88.53 76.01

Easy Click Worldwide Network Technology Co  (SZSE:301171) 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.

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Easy Click Worldwide Network Technology Co (SZSE:301171) Business Description

Traded in Other Exchanges
N/A
Address
No. 156, Tiangu Eighth Road, Room 903, Building C3, Phase II, Software New Town R&D Base, High-tech Zone, Shaanxi Province, Xi'an City, CHN, 710077
Easy Click Worldwide Network Technology Co Ltd is committed as a global intelligent data-driven marketing service profession to provide results-driven services included performance marketing, brand building and industrial solutions integrating. The company's clients is involved in wide range industries of E-commerce, tool applications, information dissemination, games and other pan-entertainment applications.

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