SALudi Logistics Services Co (SAU:4263) Long-Term Capital Lease Obligation : ﷼695 Mil (As of Mar. 2025)

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What is SALudi Logistics Services Co Long-Term Capital Lease Obligation?

SALudi Logistics Services Co's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was ﷼695 Mil.

SALudi Logistics Services Co's quarterly Long-Term Capital Lease Obligation declined from Sep. 2024 (﷼692 Mil) to Dec. 2024 (﷼684 Mil) but then increased from Dec. 2024 (﷼684 Mil) to Mar. 2025 (﷼695 Mil).

SALudi Logistics Services Co's annual Long-Term Capital Lease Obligation declined from Dec. 2022 (﷼1,288 Mil) to Dec. 2023 (﷼1,011 Mil) and declined from Dec. 2023 (﷼1,011 Mil) to Dec. 2024 (﷼684 Mil).

SALudi Logistics Services Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for SALudi Logistics Services 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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SALudi Logistics Services Co Long-Term Capital Lease Obligation Chart

SALudi Logistics Services Co Annual Data

Trend

Dec22

Dec23

Dec24

Long-Term Capital Lease Obligation

1,287.94

1,011.13

683.70

SALudi Logistics Services Co Quarterly Data
	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial					972.50	651.34	691.90	683.70	695.47

SALudi Logistics Services Co (SAU:4263) 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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SALudi Logistics Services Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » SAL Saudi Logistics Services Co (SAU:4263) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

Prince Sultan Street, P.O. Box 23525, Zahran Building, As Salamah District, Jeddah, SAU, 2661

Website

https://www.sal.sa

SAL Saudi Logistics Services Co is a company engaged in providing supply chain solutions in the Kingdom of Saudi Arabia. It provides cargo ground handling services at airport terminals, freight brokerage services, warehouse management services, administrative services, and storage services. The company's reportable segments are Logistics and Handling. Maximum revenue is generated from the Handling segment, which provides cargo handling services to air cargo carriers operating at the Kingdom's airports and consignees for warehouse handling and storage thereof. The Logistics segment provides end-to-end logistic solutions services, customs clearance, inventory management, and warehouse management solutions.

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