Tropicana Bhd (XKLS:5401) Long-Term Capital Lease Obligation : RM5 Mil (As of Mar. 2024)

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What is Tropicana Bhd Long-Term Capital Lease Obligation?

Tropicana Bhd's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was RM5 Mil.

Tropicana Bhd's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (RM6 Mil) to Dec. 2023 (RM6 Mil) and declined from Dec. 2023 (RM6 Mil) to Mar. 2024 (RM5 Mil).

Tropicana Bhd's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (RM6 Mil) to Dec. 2022 (RM8 Mil) but then declined from Dec. 2022 (RM8 Mil) to Dec. 2023 (RM6 Mil).

Tropicana Bhd Long-Term Capital Lease Obligation Historical Data

The historical data trend for Tropicana 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.

Tropicana Bhd Long-Term Capital Lease Obligation Chart

Tropicana Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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3.95

6.13

5.61

7.93

5.85

Tropicana Bhd Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															7.11	6.70	6.06	5.85	5.48

Tropicana Bhd (XKLS:5401) 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.

Tropicana Bhd Long-Term Capital Lease Obligation Related Terms

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Tropicana Bhd (XKLS:5401) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Tropicana Corp Bhd (XKLS:5401) » Definitions » Long-Term Capital Lease Obligation

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Traded in Other Exchanges

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Address

No. 2A, Persiaran Surian, Unit 1301, Level 13, Tropicana Gardens Office Tower, Tropicana Indah, Petaling Jaya, SGR, MYS, 47810

Website

https://www.tropicanacorp.com.my

Tropicana Corp Bhd has diversified business interests including Property Development & Property Management, Property Investment, Recreation & Resorts, Investment Holdings and more. The company is organized into three segments - Property development and property management involved in the development of residential and commercial properties; Property investment, recreation and resort involved in the management and operation of hotels, resort, golf course, clubhouse and investments in commercial and other properties and Investment holding and others that provides landscape services, management and operation of private school services and other operations. Maximum revenue is generated by the property development and property management segment.

Tropicana Bhd (XKLS:5401) Headlines

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