Naim Holdings Bhd (XKLS:5073) Long-Term Capital Lease Obligation : RM0.3 Mil (As of Mar. 2024)

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What is Naim Holdings Bhd Long-Term Capital Lease Obligation?

Naim Holdings Bhd's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was RM0.3 Mil.

Naim Holdings Bhd's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (RM0.4 Mil) to Dec. 2023 (RM0.3 Mil) and declined from Dec. 2023 (RM0.3 Mil) to Mar. 2024 (RM0.3 Mil).

Naim Holdings Bhd's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (RM0.6 Mil) to Dec. 2022 (RM0.5 Mil) and declined from Dec. 2022 (RM0.5 Mil) to Dec. 2023 (RM0.3 Mil).

Naim Holdings Bhd Long-Term Capital Lease Obligation Historical Data

The historical data trend for Naim Holdings 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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Naim Holdings Bhd Long-Term Capital Lease Obligation Chart

Naim Holdings Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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0.01

0.04

0.65

0.49

0.33

Naim Holdings 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															0.45	0.41	0.37	0.33	0.28

Naim Holdings Bhd (XKLS:5073) 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.

Naim Holdings Bhd Long-Term Capital Lease Obligation Related Terms

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Naim Holdings Bhd (XKLS:5073) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Naim Holdings Bhd (XKLS:5073) » Definitions » Long-Term Capital Lease Obligation

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Traded in Other Exchanges

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Address

2 1/2 Mile, Rock Road, 9th Floor, Wisma Naim, Kuching, SWK, MYS, 93200

Website

https://www.naim.com.my

Naim Holdings Bhd is an investment holding company engaged in property developments, construction, civil engineering, infrastructure projects, and oil and gas services. It operates in three reportable segments. The property development segment includes the development and construction of residential and commercial properties and the sale of vacant land. The Construction segment includes the construction of buildings, roads, bridges, and other infrastructures and engineering works including oil and gas-related construction projects, and Other segments include the manufacture and sale of buildings and construction materials, property investment, and quarry operation.

Naim Holdings Bhd (XKLS:5073) Headlines

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