Tien Wah Press Holdings Bhd (XKLS:7374) Long-Term Capital Lease Obligation : RM15.6 Mil (As of Mar. 2024)

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What is Tien Wah Press Holdings Bhd Long-Term Capital Lease Obligation?

Tien Wah Press Holdings Bhd's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was RM15.6 Mil.

Tien Wah Press Holdings Bhd's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (RM16.5 Mil) to Dec. 2023 (RM15.7 Mil) and declined from Dec. 2023 (RM15.7 Mil) to Mar. 2024 (RM15.6 Mil).

Tien Wah Press Holdings Bhd's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (RM11.4 Mil) to Dec. 2022 (RM9.6 Mil) but then increased from Dec. 2022 (RM9.6 Mil) to Dec. 2023 (RM15.7 Mil).

Tien Wah Press Holdings Bhd Long-Term Capital Lease Obligation Historical Data

The historical data trend for Tien Wah Press 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.

* Premium members only.

Tien Wah Press Holdings Bhd Long-Term Capital Lease Obligation Chart

Tien Wah Press Holdings Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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15.74

13.03

11.37

9.61

15.73

Tien Wah Press 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															9.49	17.09	16.55	15.73	15.58

Tien Wah Press Holdings Bhd (XKLS:7374) 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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Tien Wah Press Holdings Bhd (XKLS:7374) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Tien Wah Press Holdings Bhd (XKLS:7374) » Definitions » Long-Term Capital Lease Obligation

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Traded in Other Exchanges

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Address

No. 5, Jalan Prof. Khoo Kay Kim, Lot 03-8, 8th Floor, Menara Symphony, Seksyen 13, Petaling Jaya, SGR, MYS, 46200

Website

https://www.tienwah.com

Tien Wah Press Holdings Bhd is a print packaging company. It offers a packaging solution and produces mainly gravure and offset printed materials for tobacco packaging including cigarette packs, fast-moving consumer product packaging, and labels. Products of the group include flat unglued blanks, crash bottom or auto-lock cartons, labeled cartons, cartons with peelable labels/stickers, clamshells, and trays, UV coated cartons, glued skillet cartons, multiwall cartons comprising inner frames, cartons with CD inserts and barrier coated carton for grease and moisture resistance. The operating segment of the company is Printing and Trading and is managed on a worldwide basis and manufacturing facilities and sales offices are in Malaysia, Vietnam, Australia, United Arab Emirates, and Hong Kong.

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