Moneymax Financial Services (SGX:5WJ) Long-Term Capital Lease Obligation : S$6.5 Mil (As of Dec. 2024)

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What is Moneymax Financial Services Long-Term Capital Lease Obligation?

Moneymax Financial Services's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2024 was S$6.5 Mil.

Moneymax Financial Services's quarterly Long-Term Capital Lease Obligation increased from Dec. 2023 (S$5.8 Mil) to Jun. 2024 (S$8.3 Mil) but then declined from Jun. 2024 (S$8.3 Mil) to Dec. 2024 (S$6.5 Mil).

Moneymax Financial Services's annual Long-Term Capital Lease Obligation increased from Dec. 2022 (S$4.7 Mil) to Dec. 2023 (S$5.8 Mil) and increased from Dec. 2023 (S$5.8 Mil) to Dec. 2024 (S$6.5 Mil).

Moneymax Financial Services Long-Term Capital Lease Obligation Historical Data

The historical data trend for Moneymax Financial Services'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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Moneymax Financial Services Long-Term Capital Lease Obligation Chart

Moneymax Financial Services Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Long-Term Capital Lease Obligation

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6.53

8.94

4.73

5.81

6.51

Moneymax Financial Services Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															4.73	5.31	5.81	8.31	6.51

Moneymax Financial Services (SGX:5WJ) 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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Moneymax Financial Services Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Moneymax Financial Services Ltd (SGX:5WJ) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

7 Changi Business Park Vista, No. 01-01, SOOKEE HQ, Singapore, SGP, 486042

Website

https://www.moneymax.com.sg

Moneymax Financial Services Ltd is an investment holding company. The company's business segments are Pawnbroking, Retail trading of gold and luxury items, Secured Lending and Other operations including investment holding and provision of other support services. It operates an online platform for shopping, MoneyMax Online, as well as pre-owned luxury retail outlet. The company operates a pawnbroking chain to offer an online platform to shop, sell and appraise their valuables. Its geographical segments are Singapore and Malaysia, of which the vast majority of its revenue comes from Singapore.

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