Gabungan Aqrs Bhd (XKLS:5226) Long-Term Capital Lease Obligation : RM0.5 Mil (As of Sep. 2023)

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What is Gabungan Aqrs Bhd Long-Term Capital Lease Obligation?

Gabungan Aqrs Bhd's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2023 was RM0.5 Mil.

Gabungan Aqrs Bhd's quarterly Long-Term Capital Lease Obligation declined from Mar. 2023 (RM0.9 Mil) to Jun. 2023 (RM0.7 Mil) and declined from Jun. 2023 (RM0.7 Mil) to Sep. 2023 (RM0.5 Mil).

Gabungan Aqrs Bhd's annual Long-Term Capital Lease Obligation declined from Dec. 2020 (RM3.2 Mil) to Dec. 2021 (RM2.2 Mil) and declined from Dec. 2021 (RM2.2 Mil) to Dec. 2022 (RM1.2 Mil).

Gabungan Aqrs Bhd Long-Term Capital Lease Obligation Historical Data

The historical data trend for Gabungan Aqrs 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.

Gabungan Aqrs Bhd Long-Term Capital Lease Obligation Chart

Gabungan Aqrs Bhd Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Long-Term Capital Lease Obligation

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3.74

6.52

3.16

2.24

1.17

Gabungan Aqrs Bhd Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															1.35	1.17	0.90	0.72	0.53

Gabungan Aqrs Bhd (XKLS:5226) 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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Gabungan Aqrs Bhd (XKLS:5226) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Gabungan Aqrs Bhd (XKLS:5226) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

G-58-G, Blok G, Jalan Teknologi 3/9, Bistari ‘De’ Kota, Kota Damansara, PJU 5, Petaling Jaya, Selangor Darul Ehsan, MYS, 47810

Website

https://www.gbg.com.my

Gabungan Aqrs Bhd is engaged in the business of construction and property development in Malaysia. The company specializes in construction infrastructure, residential and commercial buildings, as well as purpose-built buildings. It is organized into two reportable segments; Construction, involves securing and carrying out construction contracts and Property development, involves the development of residential and commercial properties. Maximum revenue of the company is generated by the Construction segment. All the operations of the company are carried out in Malaysia.

Gabungan Aqrs Bhd (XKLS:5226) Headlines

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