Excel Force MSC Bhd (XKLS:0065) Long-Term Capital Lease Obligation : RM0.52 Mil (As of Dec. 2024)

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What is Excel Force MSC Bhd Long-Term Capital Lease Obligation?

Excel Force MSC Bhd's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2024 was RM0.52 Mil.

Excel Force MSC Bhd's quarterly Long-Term Capital Lease Obligation declined from Jun. 2024 (RM0.78 Mil) to Sep. 2024 (RM0.65 Mil) and declined from Sep. 2024 (RM0.65 Mil) to Dec. 2024 (RM0.52 Mil).

Excel Force MSC Bhd's annual Long-Term Capital Lease Obligation declined from Dec. 2020 (RM0.67 Mil) to Dec. 2021 (RM0.33 Mil) but then increased from Dec. 2021 (RM0.33 Mil) to Jun. 2024 (RM0.78 Mil).

Excel Force MSC Bhd Long-Term Capital Lease Obligation Historical Data

The historical data trend for Excel Force 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.

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Excel Force MSC Bhd Long-Term Capital Lease Obligation Chart

Excel Force MSC Bhd Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Jun24

Long-Term Capital Lease Obligation

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0.67

0.33

0.78

Excel Force MSC Bhd Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Mar23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															0.70	1.07	0.78	0.65	0.52

Excel Force MSC Bhd (XKLS:0065) 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.

Excel Force MSC Bhd Long-Term Capital Lease Obligation Related Terms

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Excel Force MSC Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Excel Force MSC Bhd (XKLS:0065) » Definitions » Long-Term Capital Lease Obligation

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Address

Number 8, Jalan Damansara, PJU 8, Level 31, MYEG Tower, Empire City, Petaling Jaya, SGR, MYS, 47820

Website

https://www.excelforce.com.my

Excel Force MSC Bhd is an information technology solution provider involved in the design, development, deployment, and maintenance of application and system solutions for the financial services industry, stockbroking, and investment banks. The company operates through three segments, Application Solutions, Maintenance Services, and Application Services Provider. The majority of the revenue is generated from the Application services provider division which generates revenue from outsourcing services charge which is volume and transaction based. Its products include CyberBroker Front Office, CyberBroker Middle Office, CyberBroker Back Office, StockBanking System, and Fundamental Analysis System. The company operates in Malaysia, Singapore, and other countries.

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