Tamdeen Real Estate Co KSCC (KUW:TAM) Long-Term Capital Lease Obligation : KWD1.19 Mil (As of Mar. 2024)

View and export this data going back to 1995. Start your Free Trial

What is Tamdeen Real Estate Co KSCC Long-Term Capital Lease Obligation?

Tamdeen Real Estate Co KSCC's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was KWD1.19 Mil.

Tamdeen Real Estate Co KSCC's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (KWD1.28 Mil) to Dec. 2023 (KWD1.24 Mil) and declined from Dec. 2023 (KWD1.24 Mil) to Mar. 2024 (KWD1.19 Mil).

Tamdeen Real Estate Co KSCC's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (KWD1.65 Mil) to Dec. 2022 (KWD1.13 Mil) but then increased from Dec. 2022 (KWD1.13 Mil) to Dec. 2023 (KWD1.24 Mil).

Tamdeen Real Estate Co KSCC Long-Term Capital Lease Obligation Historical Data

The historical data trend for Tamdeen Real Estate Co KSCC'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.

Tamdeen Real Estate Co KSCC Long-Term Capital Lease Obligation Chart

Tamdeen Real Estate Co KSCC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

0.16

1.65

1.13

1.24

Tamdeen Real Estate Co KSCC 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															1.09	1.05	1.28	1.24	1.19

Tamdeen Real Estate Co KSCC (KUW:TAM) 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.

Tamdeen Real Estate Co KSCC Long-Term Capital Lease Obligation Related Terms

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

Tamdeen Real Estate Co KSCC (KUW:TAM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Tamdeen Real Estate Co KSCC (KUW:TAM) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

Mall - Sixth Ring Road, South Surra, 360 Complex, P.O. Box 21816, 4th Floor, Block 7, Al-Zahraa District, Safat, Kuwait, KWT, 13079

Website

https://www.tamdeenre.com

Tamdeen Real Estate Co KSCC operates as a real estate investment and development company. The business activity of the company includes the development of real estate projects and construction contracts of buildings, managing the properties of others. In addition, the group is also involved in providing consultation services on asset utilization for individual clients, as well as consultation and advisory services on merger and acquisition, and business succession for corporate clients; investment and portfolio management services; and research and analysis services. The company operates in two reportable segments that are the real estate and investment. It generates maximum revenue from Investment segment.

Tamdeen Real Estate Co KSCC (KUW:TAM) Headlines

No Headlines