Al-Baha Investment & Development Co (SAU:4130) Long-Term Capital Lease Obligation : ﷼9.41 Mil (As of Dec. 2023)

View and export this data going back to 1992. Start your Free Trial

What is Al-Baha Investment & Development Co Long-Term Capital Lease Obligation?

Al-Baha Investment & Development Co's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was ﷼9.41 Mil.

Al-Baha Investment & Development Co's quarterly Long-Term Capital Lease Obligation stayed the same from Jun. 2023 (﷼10.80 Mil) to Sep. 2023 (﷼10.80 Mil) but then declined from Sep. 2023 (﷼10.80 Mil) to Dec. 2023 (﷼9.41 Mil).

Al-Baha Investment & Development Co's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (﷼42.49 Mil) to Dec. 2022 (﷼10.80 Mil) and declined from Dec. 2022 (﷼10.80 Mil) to Dec. 2023 (﷼9.41 Mil).

Al-Baha Investment & Development Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Al-Baha Investment & Development 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.

* Premium members only.

Al-Baha Investment & Development Co Long-Term Capital Lease Obligation Chart

Al-Baha Investment & Development Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

28.08

42.49

10.80

9.41

Al-Baha Investment & Development Co 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															10.80	10.80	10.80	10.80	9.41

Al-Baha Investment & Development Co (SAU:4130) 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.

Al-Baha Investment & Development Co Long-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of Al-Baha Investment & Development Co's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.

Al-Baha Investment & Development Co (SAU:4130) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Al-Baha Investment & Development Co (SAU:4130) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

King Fahd Road, P.O. Box 448, Al Bahah, SAU, 22888

Website

https://albahacompany.com

Al-Baha Investment & Development Co is engaged in establishing, managing, operating and maintaining the central markets, commercial and residential complexes, hotels, furnished apartments, restaurants, cafes, buffets, bakeries, sweets, cooked and uncooked subsistence services, fuels stations, wholesale and retail sale of food stuff and building materials and iron, general contracting of buildings, electrical, electronic and mechanical works, management, maintenance of real estate, maintenance contracting, operation, cleaning and purchase and renting lands for constructing buildings on them and investing them by sale or rent for the benefit of the company.

Al-Baha Investment & Development Co (SAU:4130) Headlines

No Headlines