Microalliance Group (Microalliance Group) Short-Term Capital Lease Obligation : $0.09 Mil (As of Sep. 2022)

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What is Microalliance Group Short-Term Capital Lease Obligation?

Microalliance Group's Short-Term Capital Lease Obligation for the quarter that ended in Sep. 2022 was $0.09 Mil.

Microalliance Group's quarterly Short-Term Capital Lease Obligation increased from Mar. 2022 ($0.02 Mil) to Jun. 2022 ($0.10 Mil) but then declined from Jun. 2022 ($0.10 Mil) to Sep. 2022 ($0.09 Mil).

Microalliance Group's annual Short-Term Capital Lease Obligation increased from Dec. 2019 ($0.24 Mil) to Dec. 2020 ($0.32 Mil) but then declined from Dec. 2020 ($0.32 Mil) to Dec. 2021 ($0.07 Mil).

Microalliance Group Short-Term Capital Lease Obligation Historical Data

The historical data trend for Microalliance Group's Short-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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Microalliance Group Short-Term Capital Lease Obligation Chart

Microalliance Group Annual Data

Trend

Dec04

Dec05

Dec06

Dec07

Dec08

Dec19

Dec20

Dec21

Short-Term Capital Lease Obligation

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0.24

0.32

0.07

Microalliance Group Quarterly Data
	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Short-Term Capital Lease Obligation	Get a 7-Day Free Trial															0.14	0.07	0.02	0.10	0.09

Microalliance Group Short-Term Capital Lease Obligation Explanation

Short-Term Capital Lease Obligation represents the total amount of Long-Term Capital Lease Obligation that must be paid within the next accounting period. Capital lease obligations are contractual obligations that arise from obtaining the use of property or equipment via a capital lease contract.

Microalliance Group Short-Term Capital Lease Obligation Related Terms

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Microalliance Group (Microalliance Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Microalliance Group Inc (OTCPK:MALG) » Definitions » Short-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

Industrial East Street, Shatoujiao Street, 4th Floor, Building 10, Yantian International Creative Port, Yantian District, Guangdong Province, Shenzhen, CHN, 518000

Website

https://www.fountainhealthyaging.com

Microalliance Group Inc is engaged in two types of products: coffee and liquor. The Company develops, produces, markets and sells under the brand name coffee tea products, which are specialty coffee products with Chinese black tea's taste, as well as black coffee products and other coffee products. The Company sells its coffee products wholesale to retail partners and corporate customers, as well as directly to consumers in the PRC via its e-commerce channels. Its licensed Nainiang Liquor retail stores have opened in cities in China, such as Beijing, Shanghai, Shenzhen, Xiamen, Chongqing, Chengdu, Kunming, Foshan, Zhaoqing, Huangshan, Jingzhou and Baoding. The Company generates more revenues than from the coffee business.

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