Hochdorf Holding AG (XSWX:HOCN) Long-Term Capital Lease Obligation : CHF0.0 Mil (As of Dec. 2023)

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What is Hochdorf Holding AG Long-Term Capital Lease Obligation?

Hochdorf Holding AG's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was CHF0.0 Mil.

Hochdorf Holding AG's quarterly Long-Term Capital Lease Obligation declined from Dec. 2022 (CHF0.1 Mil) to Jun. 2023 (CHF0.0 Mil) but then increased from Jun. 2023 (CHF0.0 Mil) to Dec. 2023 (CHF0.0 Mil).

Hochdorf Holding AG's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (CHF0.2 Mil) to Dec. 2022 (CHF0.1 Mil) and declined from Dec. 2022 (CHF0.1 Mil) to Dec. 2023 (CHF0.0 Mil).

Hochdorf Holding AG Long-Term Capital Lease Obligation Historical Data

The historical data trend for Hochdorf Holding AG'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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Hochdorf Holding AG Long-Term Capital Lease Obligation Chart

Hochdorf Holding AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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0.25

0.24

0.12

Hochdorf Holding AG Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															0.24	-	0.12	-	-

Hochdorf Holding AG (XSWX:HOCN) 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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Hochdorf Holding AG (XSWX:HOCN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Hochdorf Holding AG (XSWX:HOCN) » Definitions » Long-Term Capital Lease Obligation

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Traded in Other Exchanges

HOCNz:UK

Address

Siedereistrasse 9, Postfach 691, Hochdorf, CHE, 6281

Website

https://www.hochdorf.com

Hochdorf Holding AG is a food company. It produces and sells food products to the food industry and the wholesale and retail trade in the international markets. The group operates in the business of Food Solutions and Baby Care It produces, and markets powder products based on milk and whey, and also produces and markets cereals. The firm generates the majority of its revenue from the Dairy ingredients segment which includes products like cream, milk concentrate, skimmed milk powder, whole milk powder, cream powder, fat powder, milk protein powder, whey powder, whey protein powder, permeate powder, butter, buttermilk, and curd. Geographically, the Food Solutions division focuses on Switzerland.

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