Edelteq Holdings Bhd (XKLS:0278) Long-Term Capital Lease Obligation : RM0.38 Mil (As of Mar. 2024)

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

Edelteq Holdings Bhd's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was RM0.38 Mil.

Edelteq Holdings Bhd's quarterly Long-Term Capital Lease Obligation increased from Sep. 2023 (RM0.12 Mil) to Dec. 2023 (RM0.74 Mil) but then declined from Dec. 2023 (RM0.74 Mil) to Mar. 2024 (RM0.38 Mil).

Edelteq Holdings Bhd's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (RM0.21 Mil) to Dec. 2022 (RM0.27 Mil) and increased from Dec. 2022 (RM0.27 Mil) to Dec. 2023 (RM0.74 Mil).

Edelteq Holdings Bhd Long-Term Capital Lease Obligation Historical Data

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

Edelteq Holdings Bhd Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

0.13

0.33

0.21

0.27

0.74

Edelteq Holdings Bhd Quarterly Data
	Dec19	Dec20	Dec21	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial				-	0.17	0.12	0.74	0.38

Edelteq Holdings Bhd (XKLS:0278) 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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Edelteq Holdings Bhd (XKLS:0278) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Edelteq Holdings Bhd (XKLS:0278) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lorong Impian Ria 4, No. 20, 1st Floor, Taman Impian Ria, Bukit Mertajam, PNG, MYS, 14000

Website

https://www.edelteq.com

Edelteq Holdings Bhd is an investment holding company and through our Subsidiaries, we are principally involved in the provision of engineering support for IC assembly and test processes in the semiconductor industry. The company is a leading semiconductor manufacturing solutions provider. It offers a wide range of products and services for semiconductor packaging, inspection, and testing processes. It operates in four reportable segments: design and assembly of IC burn-in boards and supply of PCBs; supply and refurbishment of IC assembly and test consumables; design, development, and assembly of ATE and factory automation; and trading of operating supplies, spare parts, and tools for IC assembly and testing.

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