Baba Eco Group Bhd (XKLS:03012) Long-Term Capital Lease Obligation : RM0.84 Mil (As of Apr. 2024)

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What is Baba Eco Group Bhd Long-Term Capital Lease Obligation?

Baba Eco Group Bhd's Long-Term Capital Lease Obligation for the quarter that ended in Apr. 2024 was RM0.84 Mil.

Baba Eco Group Bhd's quarterly Long-Term Capital Lease Obligation increased from Apr. 2023 (RM1.17 Mil) to Oct. 2023 (RM1.39 Mil) but then declined from Oct. 2023 (RM1.39 Mil) to Apr. 2024 (RM0.84 Mil).

Baba Eco Group Bhd's annual Long-Term Capital Lease Obligation increased from Oct. 2021 (RM1.87 Mil) to Oct. 2022 (RM1.91 Mil) but then declined from Oct. 2022 (RM1.91 Mil) to Oct. 2023 (RM1.39 Mil).

Baba Eco Group Bhd Long-Term Capital Lease Obligation Historical Data

The historical data trend for Baba Eco Group 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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Baba Eco Group Bhd Long-Term Capital Lease Obligation Chart

Baba Eco Group Bhd Annual Data

Trend

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Long-Term Capital Lease Obligation

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1.14

1.01

1.87

1.91

1.39

Baba Eco Group Bhd Semi-Annual Data
	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23	Apr24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial											1.61	1.91	1.17	1.39	0.84

Baba Eco Group Bhd (XKLS:03012) 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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Baba Eco Group Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Baba Eco Group Bhd (XKLS:03012) » Definitions » Long-Term Capital Lease Obligation

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Traded in Other Exchanges

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Address

1384, Atas Lot 841, MK-1, Jalan Tasek, Seberang Perai Selatan, Pulau Pinang, Simpang Ampat, MYS, 14120

Website

https://www.baba.com.my

Baba Eco Group Bhd is an integrated gardening supplies provider under brand name Baba. The business activities of the group include manufacturing and trading of a diversified range of eco-friendly biodegradable plastic flower pots and planting media; the processing and trading of organic fertilizers and natural pesticides; and the trading of a diversified range of gardening accessories, seeds and agricultural produce. Geographically it serves both Malaysian and other international market.

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