Petron Malaysia Refining & Marketing Bhd (XKLS:3042) Long-Term Capital Lease Obligation : RM52 Mil (As of Jun. 2024)

View and export this data going back to 1963. Start your Free Trial

What is Petron Malaysia Refining & Marketing Bhd Long-Term Capital Lease Obligation?

Petron Malaysia Refining & Marketing Bhd's Long-Term Capital Lease Obligation for the quarter that ended in Jun. 2024 was RM52 Mil.

Petron Malaysia Refining & Marketing Bhd's quarterly Long-Term Capital Lease Obligation declined from Dec. 2023 (RM53 Mil) to Mar. 2024 (RM52 Mil) but then increased from Mar. 2024 (RM52 Mil) to Jun. 2024 (RM52 Mil).

Petron Malaysia Refining & Marketing Bhd's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (RM48 Mil) to Dec. 2022 (RM47 Mil) but then increased from Dec. 2022 (RM47 Mil) to Dec. 2023 (RM53 Mil).

Petron Malaysia Refining & Marketing Bhd Long-Term Capital Lease Obligation Historical Data

The historical data trend for Petron Malaysia Refining & Marketing 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.

* Premium members only.

Petron Malaysia Refining & Marketing Bhd Long-Term Capital Lease Obligation Chart

Petron Malaysia Refining & Marketing Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

29.89

40.47

48.16

46.71

53.01

Petron Malaysia Refining & Marketing Bhd Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															46.32	46.40	53.01	51.65	51.71

Petron Malaysia Refining & Marketing Bhd (XKLS:3042) 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.

Petron Malaysia Refining & Marketing Bhd Long-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of Petron Malaysia Refining & Marketing Bhd's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.

Petron Malaysia Refining & Marketing Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Petron Malaysia Refining & Marketing Bhd (XKLS:3042) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 46, Jalan Dungun, Level 12A, Menara I & P, Tower 1, Damansara Heights, Kuala Lumpur, SGR, MYS, 50490

Website

https://www.petron.com.my

Petron Malaysia Refining & Marketing Bhd is an oil company engaged in producing a wide range of petroleum products which include Gasoline, Automotive Diesel Oil (ADO), Liquefied Petroleum Gas (LPG), Jet Fuel, Naphtha, and Low Sulphur Waxy Residue (LSWR). The company is organized as one integrated business segment which operates to manufacture and sell petroleum products. Geographically majority of its revenue gets derived from the domestic market.

Petron Malaysia Refining & Marketing Bhd Headlines

No Headlines