Cosmos Technology International Bhd (XKLS:0261) Long-Term Capital Lease Obligation : RM0.16 Mil (As of Jan. 2025)

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What is Cosmos Technology International Bhd Long-Term Capital Lease Obligation?

Cosmos Technology International Bhd's Long-Term Capital Lease Obligation for the quarter that ended in Jan. 2025 was RM0.16 Mil.

Cosmos Technology International Bhd's quarterly Long-Term Capital Lease Obligation declined from Jul. 2024 (RM0.18 Mil) to Oct. 2024 (RM0.17 Mil) and declined from Oct. 2024 (RM0.17 Mil) to Jan. 2025 (RM0.16 Mil).

Cosmos Technology International Bhd's annual Long-Term Capital Lease Obligation increased from Apr. 2022 (RM2.09 Mil) to Apr. 2023 (RM3.66 Mil) but then declined from Apr. 2023 (RM3.66 Mil) to Apr. 2024 (RM2.49 Mil).

Cosmos Technology International Bhd Long-Term Capital Lease Obligation Historical Data

The historical data trend for Cosmos Technology International 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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Cosmos Technology International Bhd Long-Term Capital Lease Obligation Chart

Cosmos Technology International Bhd Annual Data

Trend

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Apr24

Long-Term Capital Lease Obligation

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1.68

1.81

2.09

3.66

2.49

Cosmos Technology International Bhd Quarterly Data
	Apr18	Apr19	Aug19	Apr20	Oct20	Apr21	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24	Jan25
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial													2.67	2.49	0.18	0.17	0.16

Cosmos Technology International Bhd (XKLS:0261) 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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Cosmos Technology International Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Cosmos Technology International Bhd (XKLS:0261) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 11, Jalan Mega 2/1, Kawasan Perindustrian Mega 2, Semenyih, SGR, MYS, 43500

Website

https://www.ctib.com.my

Cosmos Technology International Bhd is engaged in the distribution and servicing of fluid control products and manufacturing of fabricated metal parts for industrial applications used in the water, wastewater and oil and gas industries. The company's operating segment includes Manufacturing; Distribution, Investment holding and Elimination operations. It generates maximum revenue from the Manufacturing segment. The fluid control products distributed include electronic flow meter, electromagnetic and ultrasonic flow meters, and related products.

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