Riyadh Cables Group Co (SAU:4142) Long-Term Capital Lease Obligation : ﷼9 Mil (As of Mar. 2025)

View and export this data going back to 2022. Start your Free Trial

What is Riyadh Cables Group Co Long-Term Capital Lease Obligation?

Riyadh Cables Group Co's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was ﷼9 Mil.

Riyadh Cables Group Co's quarterly Long-Term Capital Lease Obligation declined from Sep. 2024 (﷼7 Mil) to Dec. 2024 (﷼6 Mil) but then increased from Dec. 2024 (﷼6 Mil) to Mar. 2025 (﷼9 Mil).

Riyadh Cables Group Co's annual Long-Term Capital Lease Obligation declined from Dec. 2022 (﷼9 Mil) to Dec. 2023 (﷼7 Mil) and declined from Dec. 2023 (﷼7 Mil) to Dec. 2024 (﷼6 Mil).

Riyadh Cables Group Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Riyadh Cables Group 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.

Riyadh Cables Group Co Long-Term Capital Lease Obligation Chart

Riyadh Cables Group Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

10.43

9.05

8.59

7.39

6.30

Riyadh Cables Group Co Quarterly Data
	Dec18	Dec19	Dec20	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												7.20	6.82	6.83	6.30	9.02

Riyadh Cables Group Co (SAU:4142) 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.

Riyadh Cables Group Co Long-Term Capital Lease Obligation Related Terms

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

Riyadh Cables Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Riyadh Cables Group Co (SAU:4142) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

Al Kharj Road Street No. 175, 3rd Lane Zone, D, 2nd industrial City, P.O.Box 26862, Riyadh, SAU, 11496

Website

https://www.riyadh-cables.com

Riyadh Cables Group Co manufactures and supplies all types of wire and cables at its state-of-art facilities. The company's products include Wires, Low Voltage Cables (LV), Medium Voltage Cables (MV), High & Extra High Voltage Cables (HV/EHV), Overhead Lines Conductors Cables (OHL), Instrumentation & Control Cables, Renewable Energy Cables, and Fiber Optic & Telephone Cables. The company operates in three segments: Cable & Wires segment includes Electrical cables, the High voltage cables segment includes Turnkey projects, and the Other segments include Telephone cables & services. The majority of revenue is generated from Cable & Wires segment.

Riyadh Cables Group Co Headlines

No Headlines