Amtel Holdings Bhd (XKLS:7031) Long-Term Capital Lease Obligation : RM0.18 Mil (As of Feb. 2024)

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

Amtel Holdings Bhd's Long-Term Capital Lease Obligation for the quarter that ended in Feb. 2024 was RM0.18 Mil.

Amtel Holdings Bhd's quarterly Long-Term Capital Lease Obligation increased from Aug. 2023 (RM0.17 Mil) to Nov. 2023 (RM0.17 Mil) and increased from Nov. 2023 (RM0.17 Mil) to Feb. 2024 (RM0.18 Mil).

Amtel Holdings Bhd's annual Long-Term Capital Lease Obligation increased from Nov. 2021 (RM0.06 Mil) to Nov. 2022 (RM0.10 Mil) and increased from Nov. 2022 (RM0.10 Mil) to Nov. 2023 (RM0.17 Mil).

Amtel Holdings Bhd Long-Term Capital Lease Obligation Historical Data

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

Amtel Holdings Bhd Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Long-Term Capital Lease Obligation

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0.24

0.14

0.06

0.10

0.17

Amtel Holdings Bhd Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															0.08	0.09	0.17	0.17	0.18

Amtel Holdings Bhd (XKLS:7031) 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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Amtel Holdings Bhd (XKLS:7031) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Amtel Holdings Bhd (XKLS:7031) » Definitions » Long-Term Capital Lease Obligation

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Address

No. 12, Jalan Pensyarah U1/28, Level 3, Wisma Amtel, Hicom Glenmarie Industrial Park, Shah Alam, SGR, MYS, 40150

Website

http://www.amtel.com.my

Amtel Holdings Bhd is an investment holding company, which is engaged in the provision of management services. The business activity of the group is operated through various segments which include Information and Communication Technology, Telecommunications, Infrastructure and Services and Other Segment. The Information and Communication Technology account for the majority of revenue. The Information and Communication Technology segment is involved in providing navigation products and services, Geographical Information System (GIS) development and research businesses. Geographically, the operation of the group function only in Malaysia.

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