Wellspire Holdings Bhd (XKLS:0271) Long-Term Capital Lease Obligation : RM3.5 Mil (As of Dec. 2024)

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

Wellspire Holdings Bhd's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2024 was RM3.5 Mil.

Wellspire Holdings Bhd's quarterly Long-Term Capital Lease Obligation declined from Jun. 2024 (RM0.4 Mil) to Sep. 2024 (RM0.3 Mil) but then increased from Sep. 2024 (RM0.3 Mil) to Dec. 2024 (RM3.5 Mil).

Wellspire Holdings Bhd's annual Long-Term Capital Lease Obligation increased from Dec. 2022 (RM0.3 Mil) to Dec. 2023 (RM0.5 Mil) and increased from Dec. 2023 (RM0.5 Mil) to Dec. 2024 (RM3.5 Mil).

Wellspire Holdings Bhd Long-Term Capital Lease Obligation Historical Data

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

Wellspire Holdings Bhd Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Long-Term Capital Lease Obligation

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2.50

0.41

0.34

0.52

3.47

Wellspire Holdings Bhd Quarterly Data
	Dec19	Dec20	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial									0.52	0.44	0.36	0.31	3.47

Wellspire Holdings Bhd (XKLS:0271) 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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Wellspire Holdings Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Wellspire Holdings Bhd (XKLS:0271) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

11, Jalan Pinang, Lot D/E, Level 12, Tower 1, Etiqa Twins, Wilayah Persekutuan, Kuala Lumpur, MYS, 50450

Website

https://www.wellspireholdings.com

Wellspire Holdings Bhd is engaged in the distribution and online retailing of consumer packaged foods. The group's snack foods are sourced locally from Thailand and imported from China. The company's distributed product range includes Sunflower seeds, Other seeds and nuts, and Baked and confectionery products. It distributes two third-party brands and three own brands, with a total of 43 SKUs of snack foods.

Wellspire Holdings Bhd Headlines

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