Nestle Malaysia Bhd (XKLS:4707) Long-Term Capital Lease Obligation : RM162 Mil (As of Mar. 2024)

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What is Nestle Malaysia Bhd Long-Term Capital Lease Obligation?

Nestle Malaysia Bhd's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was RM162 Mil.

Nestle Malaysia Bhd's quarterly Long-Term Capital Lease Obligation increased from Sep. 2023 (RM102 Mil) to Dec. 2023 (RM170 Mil) but then declined from Dec. 2023 (RM170 Mil) to Mar. 2024 (RM162 Mil).

Nestle Malaysia Bhd's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (RM141 Mil) to Dec. 2022 (RM120 Mil) but then increased from Dec. 2022 (RM120 Mil) to Dec. 2023 (RM170 Mil).

Nestle Malaysia Bhd Long-Term Capital Lease Obligation Historical Data

The historical data trend for Nestle Malaysia 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.

* Premium members only.

Nestle Malaysia Bhd Long-Term Capital Lease Obligation Chart

Nestle Malaysia Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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176.82

162.85

141.35

120.04

170.20

Nestle Malaysia Bhd Quarterly Data
	Jun19	Sep19	Dec19	Mar20	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															113.84	107.95	101.64	170.20	162.44

Nestle Malaysia Bhd (XKLS:4707) 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.

Nestle Malaysia Bhd Long-Term Capital Lease Obligation Related Terms

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Nestle Malaysia Bhd (XKLS:4707) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Nestle Malaysia Bhd (XKLS:4707) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

NSLYF:USA

Address

No. 1, Persiaran Bandar Utama, Level 22, 1 Powerhouse, Bandar Utama, Petaling Jaya, SGR, MYS, 47800

Website

https://www.nestle.com.my

Nestle Malaysia Bhd is a Malaysian investment holding company owned by Nestle. The business activities of the group are functioned through Food and beverages and Others segments. The products offered by the group are related to dairy, beverages, food, Nestle Professional, Nestle Ice Cream, confectionery, chilled dairy, infant nutrition, and health science. The main geography is the domestic market, representing approximately 80% of total sales. The most well-known brands are Nescafe, Maggi, Nespray, Kit Kat, and Milo.

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