Boustead Heavy Industries Bhd (XKLS:8133) Long-Term Capital Lease Obligation : RM6.9 Mil (As of Dec. 2024)

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What is Boustead Heavy Industries Bhd Long-Term Capital Lease Obligation?

Boustead Heavy Industries Bhd's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2024 was RM6.9 Mil.

Boustead Heavy Industries Bhd's quarterly Long-Term Capital Lease Obligation declined from Jun. 2024 (RM7.5 Mil) to Sep. 2024 (RM7.4 Mil) and declined from Sep. 2024 (RM7.4 Mil) to Dec. 2024 (RM6.9 Mil).

Boustead Heavy Industries Bhd's annual Long-Term Capital Lease Obligation increased from Dec. 2022 (RM6.8 Mil) to Dec. 2023 (RM7.9 Mil) but then declined from Dec. 2023 (RM7.9 Mil) to Dec. 2024 (RM6.9 Mil).

Boustead Heavy Industries Bhd Long-Term Capital Lease Obligation Historical Data

The historical data trend for Boustead Heavy Industries 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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Boustead Heavy Industries Bhd Long-Term Capital Lease Obligation Chart

Boustead Heavy Industries Bhd Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Long-Term Capital Lease Obligation

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7.21

7.29

6.83

7.86

6.91

Boustead Heavy Industries Bhd Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															7.86	8.53	7.53	7.45	6.91

Boustead Heavy Industries Bhd (XKLS:8133) 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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Boustead Heavy Industries Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Boustead Heavy Industries Corp Bhd (XKLS:8133) » Definitions » Long-Term Capital Lease Obligation

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Traded in Other Exchanges

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Address

69 Jalan Raja Chulan, 17th Floor, Menara Boustead, Kuala Lumpur, SGR, MYS, 50200

Website

https://www.bhic.com.my

Boustead Heavy Industries Corp Bhd is an investment holding company. The company's operating segments include Defence and Security, Commercial, and others. It generates maximum revenue from the Defence and Security segment. The Defence and Security segment is principally engaged in shipbuilding and maintenance, repair, and overhaul (MRO) of the Royal Malaysian Navy's patrol vessels. In addition, the company is also involved in the manufacturing, supply, and maintenance of defense-related electronic products.

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