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KTI Landmark Bhd (XKLS:0308) Long-Term Capital Lease Obligation : RM7.6 Mil (As of Dec. 2024)


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What is KTI Landmark Bhd Long-Term Capital Lease Obligation?

KTI Landmark Bhd's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2024 was RM7.6 Mil.

KTI Landmark Bhd's quarterly Long-Term Capital Lease Obligation declined from Jun. 2024 (RM8.3 Mil) to Sep. 2024 (RM8.1 Mil) and declined from Sep. 2024 (RM8.1 Mil) to Dec. 2024 (RM7.6 Mil).

KTI Landmark Bhd's annual Long-Term Capital Lease Obligation increased from Dec. 2022 (RM2.3 Mil) to Dec. 2023 (RM5.1 Mil) and increased from Dec. 2023 (RM5.1 Mil) to Dec. 2024 (RM7.6 Mil).


KTI Landmark Bhd Long-Term Capital Lease Obligation Historical Data

The historical data trend for KTI Landmark 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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KTI Landmark Bhd Long-Term Capital Lease Obligation Chart

KTI Landmark Bhd Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Long-Term Capital Lease Obligation
2.31 2.14 2.30 5.06 7.64

KTI Landmark Bhd Quarterly Data
Dec20 Dec21 Dec22 Dec23 Jun24 Sep24 Dec24
Long-Term Capital Lease Obligation Get a 7-Day Free Trial 2.30 5.06 8.25 8.08 7.64

KTI Landmark Bhd  (XKLS:0308) 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.

KTI Landmark Bhd Long-Term Capital Lease Obligation Related Terms

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KTI Landmark Bhd Business Description

Industry
Traded in Other Exchanges
N/A
Address
Taman Nelly 9, Phase 4 Shoplot, Lot 220 (Ground Floor), 221 (Ground Floor and 1st Floor, and 222 (Ground Floor to 3rd Floor, Lorong Nelly Plaza Jalan Nountun, Kolombong, Kota Kinabalu, SBH, MYS, 88844
KTI Landmark Bhd is engaged in property development, construction, and project management. Its portfolio encompasses a myriad of acclaimed housing and mixed development projects, such as Taman Nelly, Taman La Gloxinia, Taman Seri Lemawang, The Logg, Residensi Seri Akasia, Taman Bukit Alamanda, and more. Its segments include Property development engaged in property development activities and sales of completed units; Construction engaged in construction activities; and Others engaged in non-reportable segment including investment holding and corporate activities. The company is involved in the property development and construction activities that are based in Malaysia.

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