Tanmiah Food Co (SAU:2281) Long-Term Capital Lease Obligation : ﷼521 Mil (As of Mar. 2025)

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What is Tanmiah Food Co Long-Term Capital Lease Obligation?

Tanmiah Food Co's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was ﷼521 Mil.

Tanmiah Food Co's quarterly Long-Term Capital Lease Obligation increased from Sep. 2024 (﷼452 Mil) to Dec. 2024 (﷼495 Mil) and increased from Dec. 2024 (﷼495 Mil) to Mar. 2025 (﷼521 Mil).

Tanmiah Food Co's annual Long-Term Capital Lease Obligation increased from Dec. 2022 (﷼264 Mil) to Dec. 2023 (﷼330 Mil) and increased from Dec. 2023 (﷼330 Mil) to Dec. 2024 (﷼495 Mil).

Tanmiah Food Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Tanmiah Food Co'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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Tanmiah Food Co Long-Term Capital Lease Obligation Chart

Tanmiah Food Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Long-Term Capital Lease Obligation

124.02

151.09

264.32

330.13

494.61

Tanmiah Food Co Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial													368.93	370.75	451.67	494.61	520.71

Tanmiah Food Co (SAU:2281) 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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Tanmiah Food Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Tanmiah Food Co (SAU:2281) » Definitions » Long-Term Capital Lease Obligation

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Traded in Other Exchanges

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Address

King Fahd Road, Building No. 7292, Ar Rahmaniyah, Riyadh, SAU, 12341

Website

https://www.tanmiah.com

Tanmiah Food Co produces and markets ready-to-cook, ready-to-eat, and bespoke poultry, turkey, and beef products. Its Business is engaged in the food and agriculture business, which includes manufacturing, wholesale and retail trading in foodstuffs, preparation of animal and poultry feeds for commercial purposes, construction of poultry farms, retail and wholesale trading in poultry equipment, and restaurant outlets with related services. The Group operates principally in a single business segment of Agriculture and Food business, which includes the manufacturing and distribution of fresh and processed poultry and poultry-related products. Geographically, it operates in the Kingdom of Saudi Arabia, the Kingdom of Bahrain, the UAE, and other GCC countries.

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