CWG Holdings Bhd (XKLS:9423) Long-Term Capital Lease Obligation : RM0.22 Mil (As of Dec. 2023)

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

CWG Holdings Bhd's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM0.22 Mil.

CWG Holdings Bhd's quarterly Long-Term Capital Lease Obligation declined from Jun. 2023 (RM0.45 Mil) to Sep. 2023 (RM0.33 Mil) and declined from Sep. 2023 (RM0.33 Mil) to Dec. 2023 (RM0.22 Mil).

CWG Holdings Bhd's annual Long-Term Capital Lease Obligation declined from Jun. 2021 (RM0.05 Mil) to Jun. 2022 (RM0.03 Mil) but then increased from Jun. 2022 (RM0.03 Mil) to Jun. 2023 (RM0.45 Mil).

CWG Holdings Bhd Long-Term Capital Lease Obligation Historical Data

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

CWG Holdings Bhd Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Long-Term Capital Lease Obligation

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0.01

0.21

0.05

0.03

0.45

CWG Holdings Bhd Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															0.77	0.64	0.45	0.33	0.22

CWG Holdings Bhd (XKLS:9423) 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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CWG Holdings Bhd (XKLS:9423) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » CWG Holdings Bhd (XKLS:9423) » Definitions » Long-Term Capital Lease Obligation

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Address

6428, Lorong Mak Mandin Tiga, Mak Mandin Industrial Estate, Butterworth, Seberang Perai, PNG, MYS, 13400

Website

https://www.cwgholdings.com.my

CWG Holdings Bhd is a Malaysia based investment holding company. Through its subsidiaries, the company is involved in the manufacture and sale of stationery and printing material. The products offered include spiral notebooks, pads, hardcover books, files, paper bags, gift wraps, and the publishing of children's books. The group has two segments namely, Manufacture and sale of stationery and printing materials and Investment holding. The company geographically operates in Malaysia, Asia, Oceania, Europe, Africa and America. It generates majority of its revenue from Asia.

CWG Holdings Bhd (XKLS:9423) Headlines

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