HPP Holdings Bhd (XKLS:0228) Long-Term Capital Lease Obligation : RM0.15 Mil (As of Aug. 2024)

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What is HPP Holdings Bhd Long-Term Capital Lease Obligation?

HPP Holdings Bhd's Long-Term Capital Lease Obligation for the quarter that ended in Aug. 2024 was RM0.15 Mil.

HPP Holdings Bhd's quarterly Long-Term Capital Lease Obligation declined from Feb. 2024 (RM0.19 Mil) to May. 2024 (RM0.18 Mil) and declined from May. 2024 (RM0.18 Mil) to Aug. 2024 (RM0.15 Mil).

HPP Holdings Bhd's annual Long-Term Capital Lease Obligation increased from May. 2022 (RM0.21 Mil) to May. 2023 (RM0.29 Mil) but then declined from May. 2023 (RM0.29 Mil) to May. 2024 (RM0.18 Mil).

HPP Holdings Bhd Long-Term Capital Lease Obligation Historical Data

The historical data trend for HPP Holdings 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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HPP Holdings Bhd Long-Term Capital Lease Obligation Chart

HPP Holdings Bhd Annual Data

Trend

May18

May19

May20

May21

May22

May23

May24

Long-Term Capital Lease Obligation

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0.26

0.21

0.29

0.18

HPP Holdings Bhd Quarterly Data
	May19	Aug19	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															0.24	0.24	0.19	0.18	0.15

HPP Holdings Bhd (XKLS:0228) 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.

HPP Holdings Bhd Long-Term Capital Lease Obligation Related Terms

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HPP Holdings Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » HPP Holdings Bhd (XKLS:0228) » Definitions » Long-Term Capital Lease Obligation

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Traded in Other Exchanges

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Address

No. 37, Jalan TTC 29, Taman Teknologi Cheng, Melaka, MLA, MYS, 75250

Website

https://www.hppholdings.com

HPP Holdings Bhd is involved in the printing, production sales and marketing of paper-based packing, comprising corrugated and non-corrugated packaging, as well as others such as brochures, leaflets, labels, and paper bags as well as trading and production of rigid boxes. Its segments are Corrugated Packaging, Non-corrugated Packaging, Rigid boxes, paper pulp moulded packaging and Others. The company generates maximum revenue from the Non-corrugated Packaging segment, which is engaged in the Printing and production of corrugated packaging.

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