Arka Bhd (XKLS:7218) Long-Term Capital Lease Obligation : RM15.02 Mil (As of Jun. 2024)

View and export this data going back to 1996. Start your Free Trial

What is Arka Bhd Long-Term Capital Lease Obligation?

Arka Bhd's Long-Term Capital Lease Obligation for the quarter that ended in Jun. 2024 was RM15.02 Mil.

Arka Bhd's quarterly Long-Term Capital Lease Obligation increased from Dec. 2023 (RM14.14 Mil) to Mar. 2024 (RM15.02 Mil) but then declined from Mar. 2024 (RM15.02 Mil) to Jun. 2024 (RM15.02 Mil).

Arka Bhd's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (RM1.26 Mil) to Dec. 2022 (RM0.59 Mil) but then increased from Dec. 2022 (RM0.59 Mil) to Dec. 2023 (RM14.14 Mil).

Arka Bhd Long-Term Capital Lease Obligation Historical Data

The historical data trend for Arka 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.

Arka Bhd Long-Term Capital Lease Obligation Chart

Arka Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

1.39

0.89

1.26

0.59

14.14

Arka Bhd Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															0.84	0.84	14.14	15.02	15.02

Arka Bhd (XKLS:7218) 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.

Arka Bhd Long-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of Arka Bhd's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.

Arka Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Arka Bhd (XKLS:7218) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lot 2955, 2956 & 2957, Jalan Perusahaan Sungai Lokan 3, Kawasan Perusahaan Sungai Lokan, Butterworth, PNG, MYS, 13400

Website

https://www.transocean.com.my

Arka Bhd is a provider of logistics and logistics-related activities. The company provides trucking services and cross-border trucking services for consolidation cargo or loose truck loads services from the Malaysia-Singapore-Malaysia and Malaysia-Thailand-Malaysia routes. Its segments consist of Logistic solutions which derive majority revenue provides customs brokerage, warehousing, freight forwarding trucking related services, international air, and ocean freight services; Tyre products that manufacture and trades in tyres; Technology division engaged in technology service activities including providing infrastructure for hosting, data processing services and related activities and Investment holdings that provide management services and letting of properties.

Arka Bhd Headlines

No Headlines