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Dutch Lady Milk Industries Bhd (XKLS:3026) Long-Term Capital Lease Obligation : RM3 Mil (As of Mar. 2024)


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What is Dutch Lady Milk Industries Bhd Long-Term Capital Lease Obligation?

Dutch Lady Milk Industries Bhd's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was RM3 Mil.

Dutch Lady Milk Industries Bhd's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (RM5 Mil) to Dec. 2023 (RM4 Mil) and declined from Dec. 2023 (RM4 Mil) to Mar. 2024 (RM3 Mil).

Dutch Lady Milk Industries Bhd's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (RM7 Mil) to Dec. 2022 (RM2 Mil) but then increased from Dec. 2022 (RM2 Mil) to Dec. 2023 (RM4 Mil).


Dutch Lady Milk Industries Bhd Long-Term Capital Lease Obligation Historical Data

The historical data trend for Dutch Lady Milk 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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Dutch Lady Milk Industries Bhd Long-Term Capital Lease Obligation Chart

Dutch Lady Milk Industries Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.34 3.59 6.65 2.09 3.99

Dutch Lady Milk Industries Bhd 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.56 6.74 4.62 3.99 3.36

Dutch Lady Milk Industries Bhd  (XKLS:3026) 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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Dutch Lady Milk Industries Bhd (XKLS:3026) Business Description

Traded in Other Exchanges
N/A
Address
112, Jalan Prof. Khoo Kay Kim, Level 5, Quill 9, Petaling Jaya, SGR, MYS, 46300
Dutch Lady Milk Industries Bhd is a Malaysia-based company that manufactures and distributes a wide range of dairy products, such as specialized powders for infant and growing up children, liquid milk in different packaging formats and yoghurts. The Company markets these products under various brand names such as Dutch Lady, Dutch Baby, Frisolac, Friso Gold and Dutch Lady PureFarm.

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