IOI Properties Group Bhd (IOI Properties Group Bhd) Long-Term Capital Lease Obligation : $0.1 Mil (As of Dec. 2023)

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What is IOI Properties Group Bhd Long-Term Capital Lease Obligation?

IOI Properties Group Bhd's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.1 Mil.

IOI Properties Group Bhd's quarterly Long-Term Capital Lease Obligation declined from Jun. 2023 ($0.3 Mil) to Sep. 2023 ($0.2 Mil) and declined from Sep. 2023 ($0.2 Mil) to Dec. 2023 ($0.1 Mil).

IOI Properties Group Bhd's annual Long-Term Capital Lease Obligation increased from Jun. 2021 ($0.2 Mil) to Jun. 2022 ($0.4 Mil) but then declined from Jun. 2022 ($0.4 Mil) to Jun. 2023 ($0.3 Mil).

IOI Properties Group Bhd Long-Term Capital Lease Obligation Historical Data

The historical data trend for IOI Properties Group 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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IOI Properties Group Bhd Long-Term Capital Lease Obligation Chart

IOI Properties Group Bhd Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Long-Term Capital Lease Obligation

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0.16

0.48

0.18

0.43

0.33

IOI Properties Group Bhd Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															0.32	0.14	0.33	0.20	0.11

IOI Properties Group Bhd (OTCPK:IOIHF) 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.

IOI Properties Group Bhd Long-Term Capital Lease Obligation Related Terms

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IOI Properties Group Bhd (IOI Properties Group Bhd) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » IOI Properties Group Bhd (OTCPK:IOIHF) » Definitions » Long-Term Capital Lease Obligation

Traded in Other Exchanges

5249:Malaysia

Address

Level 29, IOI City Tower 2, Lebuh IRC, IOI Resort City, Wilayah Persekutuan, Putrajaya, MYS, 62502

Website

https://www.ioiproperties.com.my

IOI Properties Group Bhd is a Malaysian investment holding company in the property development sector. The company has a business portfolio that encompasses four segments: hospitality and leisure, property development, property investment and Other operations. The company mainly develops residential, commercial, and industrial properties, and it invests in retail, commercial, and office space. Additionally, other operations include landscape services and building services management. The property development segment generates most of the company's revenue. The company generates the majority of its revenue in Malaysia.

IOI Properties Group Bhd (IOI Properties Group Bhd) Headlines

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