Bina Darulaman Bhd (XKLS:6173) Long-Term Capital Lease Obligation : RM24.9 Mil (As of Mar. 2024)

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What is Bina Darulaman Bhd Long-Term Capital Lease Obligation?

Bina Darulaman Bhd's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was RM24.9 Mil.

Bina Darulaman Bhd's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (RM26.0 Mil) to Dec. 2023 (RM24.3 Mil) but then increased from Dec. 2023 (RM24.3 Mil) to Mar. 2024 (RM24.9 Mil).

Bina Darulaman Bhd's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (RM21.2 Mil) to Dec. 2022 (RM23.9 Mil) and increased from Dec. 2022 (RM23.9 Mil) to Dec. 2023 (RM24.3 Mil).

Bina Darulaman Bhd Long-Term Capital Lease Obligation Historical Data

The historical data trend for Bina Darulaman 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.

Bina Darulaman Bhd Long-Term Capital Lease Obligation Chart

Bina Darulaman Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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1.61

3.48

21.23

23.92

24.34

Bina Darulaman 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															24.28	24.36	25.97	24.34	24.86

Bina Darulaman Bhd (XKLS:6173) 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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Bina Darulaman Bhd (XKLS:6173) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Bina Darulaman Bhd (XKLS:6173) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

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Address

88, Lebuhraya Darulaman, Level 9, Menara BDB, Alor Setar, MYS, 05100

Website

https://www.bdb.com.my

Bina Darulaman Bhd with its subsidiaries is an investment holding company. The principal activity of the group includes the provision of management services and property development. The group has five business major business segments namely property development and investment which is the development of residential and commercial properties, quarrying and road building which includes granite quarry operator and civil engineering contractor, Engineering and construction including building and general contractor, Leisure which includes the operation of golf and golf resort owner and operator and Investment holding which includes the provision of management services. The group operates in Malaysia.

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