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Yoong Onn Bhd (XKLS:5159) Long-Term Capital Lease Obligation : RM5.1 Mil (As of Dec. 2023)


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What is Yoong Onn Bhd Long-Term Capital Lease Obligation?

Yoong Onn Bhd's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM5.1 Mil.

Yoong Onn Bhd's quarterly Long-Term Capital Lease Obligation increased from Jun. 2023 (RM3.0 Mil) to Sep. 2023 (RM3.5 Mil) and increased from Sep. 2023 (RM3.5 Mil) to Dec. 2023 (RM5.1 Mil).

Yoong Onn Bhd's annual Long-Term Capital Lease Obligation increased from Jun. 2021 (RM2.0 Mil) to Jun. 2022 (RM2.7 Mil) and increased from Jun. 2022 (RM2.7 Mil) to Jun. 2023 (RM3.0 Mil).


Yoong Onn Bhd Long-Term Capital Lease Obligation Historical Data

The historical data trend for Yoong Onn 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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Yoong Onn Bhd Long-Term Capital Lease Obligation Chart

Yoong Onn Bhd Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 2.48 1.99 2.73 3.00

Yoong Onn 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.89 3.69 3.00 3.54 5.08

Yoong Onn Bhd  (XKLS:5159) 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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Yoong Onn Bhd (XKLS:5159) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Permata 2, Lot No. PT 16690-16692, Arab-Malaysian Industrial Park, Nilai, NSN, MYS, 71800
Yoong Onn Corp Bhd is an integrated designer, manufacturer, distributor, and retailer of home linen and bedding accessories. It also supplies bedding and bath linen and accessories to hospitality-based institutions, including military accommodations, cruise ships, hospitals, and royal customs. The company is organized into three principal operating divisions, Manufacturing; Distribution and Trading; and Retailing. Its primary geographic markets are Malaysia, Singapore, Vietnam, and others. Malaysia contributes to the vast majority of total revenue. The company generates maximum revenue from the Distribution and Trading segment.

Yoong Onn Bhd (XKLS:5159) Headlines

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