Harrisons Holdings (Malaysia) Bhd (XKLS:5008) Long-Term Capital Lease Obligation : RM54 Mil (As of Dec. 2023)

View and export this data going back to 1999. Start your Free Trial

What is Harrisons Holdings (Malaysia) Bhd Long-Term Capital Lease Obligation?

Harrisons Holdings (Malaysia) Bhd's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM54 Mil.

Harrisons Holdings (Malaysia) Bhd's quarterly Long-Term Capital Lease Obligation declined from Jun. 2023 (RM70 Mil) to Sep. 2023 (RM67 Mil) and declined from Sep. 2023 (RM67 Mil) to Dec. 2023 (RM54 Mil).

Harrisons Holdings (Malaysia) Bhd's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (RM49 Mil) to Dec. 2022 (RM57 Mil) but then declined from Dec. 2022 (RM57 Mil) to Dec. 2023 (RM54 Mil).

Harrisons Holdings (Malaysia) Bhd Long-Term Capital Lease Obligation Historical Data

The historical data trend for Harrisons Holdings (Malaysia) 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.

Harrisons Holdings (Malaysia) Bhd Long-Term Capital Lease Obligation Chart

Harrisons Holdings (Malaysia) 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

55.50

49.04

49.28

56.62

54.05

Harrisons Holdings (Malaysia) Bhd Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															56.62	73.16	69.64	66.72	54.05

Harrisons Holdings (Malaysia) Bhd (XKLS:5008) 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.

Harrisons Holdings (Malaysia) Bhd Long-Term Capital Lease Obligation Related Terms

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

Harrisons Holdings (Malaysia) Bhd (XKLS:5008) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Harrisons Holdings (Malaysia) Bhd (XKLS:5008) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

10, Jalan Raja Laut, Unit 9A, 9th Floor, Wisma Bumi Raya, Wisma Bumi Raya, Kuala Lumpur, MYS, 50350

Website

https://www.harrisons.com.my

Harrisons Holdings (Malaysia) Bhd is a sale, marketing, warehousing, distribution, and services organization in Malaysia. It has three reporting business segments: Trading and distribution; Retail; and Shipping and others. The Trading and distribution segment operations generate majority revenue for the company which comprises trading and distribution of consumer products, building materials, industrial and agricultural chemical products, and liquor products. It has a business presence in Sabah, Sarawak, Peninsular Malaysia and Singapore.

Harrisons Holdings (Malaysia) Bhd (XKLS:5008) Headlines

No Headlines