Farm Fresh Bhd (XKLS:5306) Long-Term Capital Lease Obligation : RM27.2 Mil (As of Dec. 2023)

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What is Farm Fresh Bhd Long-Term Capital Lease Obligation?

Farm Fresh Bhd's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM27.2 Mil.

Farm Fresh Bhd's quarterly Long-Term Capital Lease Obligation declined from Jun. 2023 (RM28.1 Mil) to Sep. 2023 (RM27.0 Mil) but then increased from Sep. 2023 (RM27.0 Mil) to Dec. 2023 (RM27.2 Mil).

Farm Fresh Bhd's annual Long-Term Capital Lease Obligation declined from Mar. 2021 (RM47.6 Mil) to Mar. 2022 (RM21.2 Mil) but then increased from Mar. 2022 (RM21.2 Mil) to Mar. 2023 (RM21.4 Mil).

Farm Fresh Bhd Long-Term Capital Lease Obligation Historical Data

The historical data trend for Farm Fresh 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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Farm Fresh Bhd Long-Term Capital Lease Obligation Chart

Farm Fresh Bhd Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Long-Term Capital Lease Obligation

12.12

18.50

47.57

21.18

21.41

Farm Fresh Bhd Quarterly Data
	Mar19	Mar20	Sep20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial										21.51	21.41	28.07	26.97	27.22

Farm Fresh Bhd (XKLS:5306) 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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Farm Fresh Bhd (XKLS:5306) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Farm Fresh Bhd (XKLS:5306) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

No 11-1 Jalan Petaling, Kawasan Perindustrian Larkin, Johor Bahru, JHR, MYS, 80350

Website

https://www.farmfresh.com.my

Farm Fresh Bhd is a vertically integrated dairy group engaged in the business of farming, manufacturing and distributing dairy and plant-based products. The group has two reportable segments: Malaysia's Operation and Australia's Operation.

Farm Fresh Bhd (XKLS:5306) Headlines

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