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Knm Group Bhd (XKLS:7164) Long-Term Capital Lease Obligation : RM88.3 Mil (As of Jun. 2024)


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What is Knm Group Bhd Long-Term Capital Lease Obligation?

Knm Group Bhd's Long-Term Capital Lease Obligation for the quarter that ended in Jun. 2024 was RM88.3 Mil.

Knm Group Bhd's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (RM72.9 Mil) to Mar. 2024 (RM71.8 Mil) but then increased from Mar. 2024 (RM71.8 Mil) to Jun. 2024 (RM88.3 Mil).

Knm Group Bhd's annual Long-Term Capital Lease Obligation increased from Dec. 2018 (RM14.2 Mil) to Dec. 2019 (RM55.7 Mil) but then declined from Dec. 2019 (RM55.7 Mil) to Dec. 2020 (RM50.7 Mil).


Knm Group Bhd Long-Term Capital Lease Obligation Historical Data

The historical data trend for Knm Group 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.

Knm Group Bhd Long-Term Capital Lease Obligation Chart

Knm Group Bhd Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 19.14 14.18 55.72 50.66

Knm Group Bhd Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Mar22 Sep22 Dec22 Mar23 Sep23 Mar24 Jun24
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 25.83 25.86 72.94 71.76 88.28

Knm Group Bhd  (XKLS:7164) 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.

Knm Group Bhd Long-Term Capital Lease Obligation Related Terms

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Knm Group Bhd Business Description

Industry
Traded in Other Exchanges
N/A
Address
15 Jalan Dagang SB4/1, Taman Sungai Besi Indah, Seri Kembangan, MYS, 43300
Knm Group Bhd is a Malaysia-based company offering project management, engineering, manufacturing, and construction services for renewable energy, power, utilities, refining, and petrochemical industries. The company manufactures customized process equipment and modular systems under the brands of KNM, BORSIG, and FBM Hudson. Its geographical segments include Asia and Oceania; Europe and America. The company derives a majority of its revenue from Asia and Oceania segments. Asia and Oceania segments include Malaysia, Thailand, China, Indonesia, Myanmar, Australia, and Mauritius.

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