DSwiss (DSwiss) Long-Term Capital Lease Obligation : $0.02 Mil (As of Mar. 2024)

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What is DSwiss Long-Term Capital Lease Obligation?

DSwiss's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.02 Mil.

DSwiss's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 ($0.04 Mil) to Dec. 2023 ($0.02 Mil) but then stayed the same from Dec. 2023 ($0.02 Mil) to Mar. 2024 ($0.02 Mil).

DSwiss's annual Long-Term Capital Lease Obligation declined from Dec. 2021 ($0.11 Mil) to Dec. 2022 ($0.04 Mil) and declined from Dec. 2022 ($0.04 Mil) to Dec. 2023 ($0.02 Mil).

DSwiss Long-Term Capital Lease Obligation Historical Data

The historical data trend for DSwiss'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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DSwiss Long-Term Capital Lease Obligation Chart

DSwiss Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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0.09

0.03

0.11

0.04

0.02

DSwiss Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															0.04	0.04	0.04	0.02	0.02

DSwiss (OTCPK:DQWS) 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.

DSwiss Long-Term Capital Lease Obligation Related Terms

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DSwiss (DSwiss) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » DSwiss Inc (OTCPK:DQWS) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 8 Jalan Kerinchi, Avenue 3, Bangsar South, Tower A, Vertical Business Suite, Unit 18-11, 18-12 and 18-01, Kuala Lumpur, SGR, MYS, 59200

Website

https://www.dswissbeauty.com

DSwiss Inc is a biotech-nutraceutical company intended to manufacture nutraceutical, skincare, personal care products, and pet supplements. The company is involved with original equipment manufacturers (OEM), original design manufacturers (ODM), and original brand manufacturers (OBM) and manages custom formulation of scientifically proven and naturally effective, sourcing raw materials, production, quality control, stability, and safety test, clinical testing by third-party labs, packaging and shipping including import and export, all licenses needed, enabling end users to achieve health improvement, slimming, anti-aging, and beauty effects.

Executives

Greenpro Venture Capital Ltd	10 percent owner	SUITE 2201, 22/F MALAYSIA BUILDING,, 50 GLOUCESTER ROAD, WANCHA K3 00000
Wing Wai Heung	director	RM 405, 4/F ENERGY PLAZA,, TSIM SHA TSUI EAST K3 000000
Ming Chia Leong	director, 10 percent owner, officer: CEO	B-12-11, PRIMA AVENUE,, THE TUBE, JALAN PJU 1/39,DATARAN PRIMA,, PETALING JAYA,SELANGOR N8 47301
Lee Yee Chua	director, officer: CFO	B-12-11, PRIMA AVENUE,, THE TUBE, JALAN PJU 1/39,DATARAN PRIMA,, PETALING JAYA,SELANGOR N8 47301
Zhee Long Cheng	director	B-12-11, PRIMA AVENUE,, THE TUBE, JALAN PJU 1/39,DATARAN PRIMA,, PETALING JAYA,SELANGOR N8 47301

DSwiss (DSwiss) Headlines

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