BWYS Group Bhd (XKLS:0313) Long-Term Capital Lease Obligation : RM5.5 Mil (As of Dec. 2024)

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What is BWYS Group Bhd Long-Term Capital Lease Obligation?

BWYS Group Bhd's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2024 was RM5.5 Mil.

BWYS Group Bhd's quarterly Long-Term Capital Lease Obligation increased from Dec. 2022 (RM4.7 Mil) to Dec. 2023 (RM6.1 Mil) but then declined from Dec. 2023 (RM6.1 Mil) to Dec. 2024 (RM5.5 Mil).

BWYS Group Bhd's annual Long-Term Capital Lease Obligation increased from Dec. 2022 (RM4.7 Mil) to Dec. 2023 (RM6.1 Mil) but then declined from Dec. 2023 (RM6.1 Mil) to Dec. 2024 (RM5.5 Mil).

BWYS Group Bhd Long-Term Capital Lease Obligation Historical Data

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

BWYS Group Bhd Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Long-Term Capital Lease Obligation

3.08

3.67

4.71

6.10

5.48

BWYS Group Bhd Semi-Annual Data
	Dec20	Dec21	Dec22	Dec23	Dec24
Long-Term Capital Lease Obligation	3.08	3.67	4.71	6.10	5.48

BWYS Group Bhd (XKLS:0313) 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.

BWYS Group Bhd Long-Term Capital Lease Obligation Related Terms

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BWYS Group Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » BWYS Group Bhd (XKLS:0313) » Definitions » Long-Term Capital Lease Obligation

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Traded in Other Exchanges

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Address

1571, Jalan Serunai, Kawasan Perindustrian Valdor, Mukim 12, Sungai Bakap, Selatan, Seberang Perai, PNG, MYS, 14200

Website

https://www.bwysgroup.com

BWYS Group Bhd is an investment holding company. Through its subsidiaries, it is principally involved in the manufacturing of sheet metal products and the supply of scaffoldings, and also engages in the trading of steel materials and steel-related products. It mainly uses mild steel, including hot-rolled and cold-rolled coils for the manufacture of sheet metal products, comprising the following: roofing sheets and trusses, industrial racking systems, and welded pipes. The group is based in Malaysia.

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