Flexidynamic Holdings Bhd (XKLS:0231) Long-Term Capital Lease Obligation : RM0.42 Mil (As of Dec. 2024)

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

Flexidynamic Holdings Bhd's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2024 was RM0.42 Mil.

Flexidynamic Holdings Bhd's quarterly Long-Term Capital Lease Obligation increased from Jun. 2024 (RM0.45 Mil) to Sep. 2024 (RM0.46 Mil) but then declined from Sep. 2024 (RM0.46 Mil) to Dec. 2024 (RM0.42 Mil).

Flexidynamic Holdings Bhd's annual Long-Term Capital Lease Obligation declined from Dec. 2022 (RM1.01 Mil) to Dec. 2023 (RM0.64 Mil) and declined from Dec. 2023 (RM0.64 Mil) to Dec. 2024 (RM0.42 Mil).

Flexidynamic Holdings Bhd Long-Term Capital Lease Obligation Historical Data

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

Flexidynamic Holdings Bhd Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Long-Term Capital Lease Obligation

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1.08

0.98

1.01

0.64

0.42

Flexidynamic Holdings Bhd Quarterly Data
	Dec18	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															0.64	0.56	0.45	0.46	0.42

Flexidynamic Holdings Bhd (XKLS:0231) 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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Flexidynamic Holdings Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Flexidynamic Holdings Bhd (XKLS:0231) » Definitions » Long-Term Capital Lease Obligation

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Traded in Other Exchanges

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Address

Jalan Kenari 5, Bandar Puchong Jaya, A-3A-28, IOI Boulevard, Puchong, SGR, MYS, 47170

Website

https://www.flexidynamic.com

Flexidynamic Holdings Bhd is principally involved in the design, engineering, installation, and commissioning of glove chlorination systems for the glove manufacturing industry. The Group's business segment includes Engineering, Trading and Services, Sterilisation, and Other. The majority of its revenue is generated from the Engineering Segment, which includes Design, engineering, installation, and commissioning of glove chlorination systems, as well as design and installation of storage tanks and process tanks for the glove manufacturing industry. The firm generates the majority of its revenue from Malaysia.

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