Parkson Holdings Bhd (XKLS:5657) Long-Term Capital Lease Obligation : RM1,909 Mil (As of Mar. 2024)

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

Parkson Holdings Bhd's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was RM1,909 Mil.

Parkson Holdings Bhd's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (RM2,009 Mil) to Dec. 2023 (RM1,927 Mil) and declined from Dec. 2023 (RM1,927 Mil) to Mar. 2024 (RM1,909 Mil).

Parkson Holdings Bhd's annual Long-Term Capital Lease Obligation declined from Jun. 2020 (RM3,435 Mil) to Dec. 2022 (RM2,330 Mil) and declined from Dec. 2022 (RM2,330 Mil) to Dec. 2023 (RM1,927 Mil).

Parkson Holdings Bhd Long-Term Capital Lease Obligation Historical Data

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

Parkson Holdings Bhd Annual Data

Trend

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Dec22

Dec23

Long-Term Capital Lease Obligation

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0.72

0.33

3,434.95

2,329.79

1,926.58

Parkson Holdings Bhd Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															2,240.02	2,157.64	2,009.15	1,926.58	1,909.45

Parkson Holdings Bhd (XKLS:5657) 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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Parkson Holdings Bhd (XKLS:5657) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Parkson Holdings Bhd (XKLS:5657) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

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Address

No. 1 Jalan Nagasari, Level 14, Lion Office Tower, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 50200

Website

https://lionind.com.my/parkson

Parkson Holdings Bhd is a Malaysian based company which is engaged in operating and managing departmental stores. Its brands include "Parkson" and "Centro". The stores offer well known international brands of fashion and lifestyle-related merchandise. Parkson operates its business in segments namely Retailing and Others. A major part of its revenue is from the Retailing segment. It carries its retailing business in four geographical areas including Malaysia, China, Myanmar, and Indonesia; Others segments include of businesses, credit services, and investment holding. The company generates its revenue from the operation of stores, which comes from China.

Parkson Holdings Bhd (XKLS:5657) Headlines

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