MMTEC (MTC) Short-Term Capital Lease Obligation : $0.37 Mil (As of Dec. 2023)

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What is MMTEC Short-Term Capital Lease Obligation?

MMTEC's Short-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.37 Mil.

MMTEC's quarterly Short-Term Capital Lease Obligation increased from Dec. 2022 ($0.41 Mil) to Jun. 2023 ($0.48 Mil) but then declined from Jun. 2023 ($0.48 Mil) to Dec. 2023 ($0.37 Mil).

MMTEC's annual Short-Term Capital Lease Obligation increased from Dec. 2021 ($0.36 Mil) to Dec. 2022 ($0.41 Mil) but then declined from Dec. 2022 ($0.41 Mil) to Dec. 2023 ($0.37 Mil).

MMTEC Short-Term Capital Lease Obligation Historical Data

The historical data trend for MMTEC'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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MMTEC Short-Term Capital Lease Obligation Chart

MMTEC Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Short-Term Capital Lease Obligation

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0.34

0.43

0.36

0.41

0.37

MMTEC Semi-Annual Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Short-Term Capital Lease Obligation	Get a 7-Day Free Trial										0.36	0.31	0.41	0.48	0.37

MMTEC 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.

MMTEC Short-Term Capital Lease Obligation Related Terms

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MMTEC (MTC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » MMTEC Inc (NAS:MTC) » Definitions » Short-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

c/o MM Future Technology Limited, 308 Des Voeux Road Central, Room 2302, 23rd Floor, FWD Financial Center, Sheung Wan, HKG

Website

https://www.haisc.com

MMTEC Inc provides Internet-based technology services and solutions to the Chinese language speaking hedge funds, mutual funds, registered investment advisors, proprietary trading groups, and brokerage firms engaging in securities market transactions and settlements globally. It offers complete suite trading solutions, including services such as fund establishment, issuance, custody, transaction, and settlement. The Company currently has two operating segments, Gujia, MM Future, MMBD Advisory and HC Securities, and MM Global. It generates maximum revenue from the Gujia segment. Gujia segment provides market data services and investor relations management services to customers in China.