Mynews Holdings Bhd (XKLS:5275) Long-Term Capital Lease Obligation : RM96.0 Mil (As of Jul. 2024)

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What is Mynews Holdings Bhd Long-Term Capital Lease Obligation?

Mynews Holdings Bhd's Long-Term Capital Lease Obligation for the quarter that ended in Jul. 2024 was RM96.0 Mil.

Mynews Holdings Bhd's quarterly Long-Term Capital Lease Obligation declined from Jan. 2024 (RM104.4 Mil) to Apr. 2024 (RM100.9 Mil) and declined from Apr. 2024 (RM100.9 Mil) to Jul. 2024 (RM96.0 Mil).

Mynews Holdings Bhd's annual Long-Term Capital Lease Obligation increased from Oct. 2021 (RM58.6 Mil) to Oct. 2022 (RM115.8 Mil) but then declined from Oct. 2022 (RM115.8 Mil) to Oct. 2023 (RM106.7 Mil).

Mynews Holdings Bhd Long-Term Capital Lease Obligation Historical Data

The historical data trend for Mynews Holdings 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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Mynews Holdings Bhd Long-Term Capital Lease Obligation Chart

Mynews Holdings Bhd Annual Data

Trend

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Long-Term Capital Lease Obligation

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40.95

56.93

58.65

115.78

106.70

Mynews Holdings Bhd Quarterly Data
	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															106.75	106.70	104.40	100.86	95.96

Mynews Holdings Bhd (XKLS:5275) 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.

Mynews Holdings Bhd Long-Term Capital Lease Obligation Related Terms

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Mynews Holdings Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Mynews Holdings Bhd (XKLS:5275) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lot No. 3, Jalan Teknologi 3/1, Taman Sains Selangor 1, Seksyen 3, PJU 5, Kota Damansara, Petaling Jaya, MYS, 47810

Website

https://www.mynews.com.my

Mynews Holdings Bhd involved in the business of operating retail store chains, predominantly convenience stores (CVS) and minimart. Besides retailing, it is also involved in the business of producing ready-to-eat meals and bakery products to serve the retail chains. The group is organized into business units based on products and services, which comprises Retail convenience - operating retail convenience stores selling retail convenience goods and services; Manufacturing - producing bakery products and ready-to-eat meals. The company derives the majority of its revenue from the Retail segment.

Mynews Holdings Bhd Headlines

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