Sern Kou Resources Bhd (XKLS:7180) Long-Term Capital Lease Obligation : RM8.7 Mil (As of Mar. 2025)

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What is Sern Kou Resources Bhd Long-Term Capital Lease Obligation?

Sern Kou Resources Bhd's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was RM8.7 Mil.

Sern Kou Resources Bhd's quarterly Long-Term Capital Lease Obligation declined from Sep. 2024 (RM10.2 Mil) to Dec. 2024 (RM9.6 Mil) and declined from Dec. 2024 (RM9.6 Mil) to Mar. 2025 (RM8.7 Mil).

Sern Kou Resources Bhd's annual Long-Term Capital Lease Obligation declined from Jun. 2022 (RM4.5 Mil) to Jun. 2023 (RM3.4 Mil) but then increased from Jun. 2023 (RM3.4 Mil) to Jun. 2024 (RM10.4 Mil).

Sern Kou Resources Bhd Long-Term Capital Lease Obligation Historical Data

The historical data trend for Sern Kou Resources 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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Sern Kou Resources Bhd Long-Term Capital Lease Obligation Chart

Sern Kou Resources Bhd Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Long-Term Capital Lease Obligation

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2.62

3.18

4.52

3.39

10.41

Sern Kou Resources Bhd Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															3.34	10.41	10.25	9.64	8.70

Sern Kou Resources Bhd (XKLS:7180) 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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Sern Kou Resources Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Sern Kou Resources Bhd (XKLS:7180) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Perindustrian 1, Lot PTD 6019 (Lot 8804), Kawasan Perindustrian Bukit Bakri, Mukim Bakri, Muar, JHR, MYS, 84200

Website

https://www.sernkou.com

Sern Kou Resources Bhd along with its subsidiaries is engaged in manufacturing, processing and trading all kinds of timber, wood and related products, and logging, processing and trading of rubberwood and timber. The company's reportable segments include, Manufacturing and trading of wooden furniture, Investment holding and processing and trading of wood. Substantial revenue for the company is generated from it processing and trading of woods segment. The company has presence in different geographical areas which include, Malaysia, United States of America and European countries, Asia-Pacific countries and others.

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