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Supercomnet Technologies Bhd (XKLS:0001) Long-Term Capital Lease Obligation : RM0.0 Mil (As of Mar. 2024)


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What is Supercomnet Technologies Bhd Long-Term Capital Lease Obligation?

Supercomnet Technologies Bhd's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was RM0.0 Mil.


Supercomnet Technologies Bhd Long-Term Capital Lease Obligation Historical Data

The historical data trend for Supercomnet Technologies Bhd'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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Supercomnet Technologies Bhd Long-Term Capital Lease Obligation Chart

Supercomnet Technologies Bhd Annual Data
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Long-Term Capital Lease Obligation
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Supercomnet Technologies Bhd Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Supercomnet Technologies Bhd  (XKLS:0001) 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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Supercomnet Technologies Bhd (XKLS:0001) Business Description

Traded in Other Exchanges
N/A
Address
Lot 172, Jalan PKNK 3/8, Kawasan Perusahaan Sungai Petani, Sungai Petani, KDH, MYS, 08000
Supercomnet Technologies Bhd is engaged in the manufacture of PVC compounds and cables/wires for electronic devices and data control switches. It is also a manufacturer of medical devices, wires and cables, and automotive products with a presence in the respective industries. The company has three business segments, which include medical, industrial, and automotive.

Supercomnet Technologies Bhd (XKLS:0001) Headlines

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