ValueMax Group (SGX:T6I) Long-Term Capital Lease Obligation : S$3.6 Mil (As of Dec. 2023)

View and export this data going back to 2013. Start your Free Trial

What is ValueMax Group Long-Term Capital Lease Obligation?

ValueMax Group's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was S$3.6 Mil.

ValueMax Group's quarterly Long-Term Capital Lease Obligation increased from Dec. 2022 (S$3.7 Mil) to Jun. 2023 (S$4.3 Mil) but then declined from Jun. 2023 (S$4.3 Mil) to Dec. 2023 (S$3.6 Mil).

ValueMax Group's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (S$3.6 Mil) to Dec. 2022 (S$3.7 Mil) but then declined from Dec. 2022 (S$3.7 Mil) to Dec. 2023 (S$3.6 Mil).

ValueMax Group Long-Term Capital Lease Obligation Historical Data

The historical data trend for ValueMax Group'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.

ValueMax Group Long-Term Capital Lease Obligation Chart

ValueMax Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

5.00

3.68

3.56

3.71

3.62

ValueMax Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															3.56	3.73	3.71	4.30	3.62

ValueMax Group (SGX:T6I) 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.

ValueMax Group Long-Term Capital Lease Obligation Related Terms

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

ValueMax Group (SGX:T6I) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » ValueMax Group Ltd (SGX:T6I) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

261 Waterloo Street, Number 01-35, Singapore, SGP, 180261

Website

https://www.valuemax.com.sg

ValueMax Group Ltd provides pawnbroking and moneylending services, as well as the retail and trading of pre-owned jewellery and gold. The objective of the company is to be the most trusted alternative financial services provider. The group is organized into four operating segments namely: Pawnbroking; Retail and trading of pre-owned jewellery and gold; Moneylending; and Other operations including investment holding and provision of other support services. Its business activities are mainly conducted in Singapore. The retail and trading of pre-owned jewellery and gold segment generate maximum revenue for the company.

ValueMax Group (SGX:T6I) Headlines

No Headlines