Nova MSC Bhd (XKLS:0026PA.PFD) Long-Term Capital Lease Obligation : RM3.85 Mil (As of Mar. 2025)

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What is Nova MSC Bhd Long-Term Capital Lease Obligation?

Nova MSC Bhd's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was RM3.85 Mil.

Nova MSC Bhd's quarterly Long-Term Capital Lease Obligation increased from Sep. 2024 (RM0.00 Mil) to Dec. 2024 (RM4.05 Mil) but then declined from Dec. 2024 (RM4.05 Mil) to Mar. 2025 (RM3.85 Mil).

Nova MSC Bhd's annual Long-Term Capital Lease Obligation declined from Mar. 2023 (RM0.79 Mil) to Mar. 2024 (RM0.03 Mil) but then increased from Mar. 2024 (RM0.03 Mil) to Mar. 2025 (RM3.85 Mil).

Nova MSC Bhd Long-Term Capital Lease Obligation Historical Data

The historical data trend for Nova MSC Bhd'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.

Nova MSC Bhd Long-Term Capital Lease Obligation Chart

Nova MSC Bhd Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Long-Term Capital Lease Obligation

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0.03

1.94

0.79

0.03

3.85

Nova MSC Bhd Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	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															0.03	-	-	4.05	3.85

Nova MSC Bhd (XKLS:0026PA.PFD) 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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Nova MSC Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Nova MSC Bhd (XKLS:0026PA.PFD) » Definitions » Long-Term Capital Lease Obligation

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0026:Malaysia

Address

No. 1, Medan Syed Putra Utara, Suite A-18-3, Northpoint, Mid Valley City, Tower A, Level 18, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 59200

Website

https://www.nova-hub.com

Nova MSC Bhd is an investment holding company. The company is engaged in software research and development and the provision of e-business solutions through the sale of application software and professional services for software customization and implementation. Its Geographical segments include Malaysia and Singapore. The products of the company include Pavo, which is an e-Government software that facilities the online submission of application documents; Avicenna, which is a fully integrated cloud-based system that takes care of the administrative needs, EyScan, a cloud-based platform that manages and executes SELENA+, system that performs automated retinal photo analysis and others.

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