Zantat Holdings Bhd (XKLS:0301) Long-Term Capital Lease Obligation : RM0.34 Mil (As of Mar. 2024)

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

Zantat Holdings Bhd's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was RM0.34 Mil.

Zantat Holdings Bhd's quarterly Long-Term Capital Lease Obligation declined from Dec. 2022 (RM1.55 Mil) to Sep. 2023 (RM0.14 Mil) but then increased from Sep. 2023 (RM0.14 Mil) to Mar. 2024 (RM0.34 Mil).

Zantat Holdings Bhd's annual Long-Term Capital Lease Obligation declined from Dec. 2020 (RM5.02 Mil) to Dec. 2021 (RM3.49 Mil) and declined from Dec. 2021 (RM3.49 Mil) to Dec. 2022 (RM1.55 Mil).

Zantat Holdings Bhd Long-Term Capital Lease Obligation Historical Data

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

Zantat Holdings Bhd Annual Data

Trend

Dec20

Dec21

Dec22

Long-Term Capital Lease Obligation

5.02

3.49

1.55

Zantat Holdings Bhd Quarterly Data
	Dec20	Dec21	Sep22	Dec22	Sep23	Mar24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial			3.49	-	1.55	0.14	0.34

Zantat Holdings Bhd (XKLS:0301) 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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Zantat Holdings Bhd (XKLS:0301) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Zantat Holdings Bhd (XKLS:0301) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

PT 24571 & PT 21289 (Lot 35978), Kaw. Industri Batu Kapur Keramat Pulai, Kampung Kepayang, PRK, MYS, 31300

Website

http://www.zantat.com.my

Zantat Holdings Bhd is a is investment holding company. Through its subsidiaries, the group is principally involved in the production of calcium carbonate namely GCC and CC dispersions. It is also involved in the production of kaolin dispersion, processing of ultrafine PCC powder, trading of other industrial minerals and sales of limestone quarry products also operate our own limestone quarry mainly for internal use of limestone.

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