Oriental Interest Bhd (XKLS:5827) Long-Term Capital Lease Obligation : RM0.1 Mil (As of Feb. 2024)

View and export this data going back to 1994. Start your Free Trial

What is Oriental Interest Bhd Long-Term Capital Lease Obligation?

Oriental Interest Bhd's Long-Term Capital Lease Obligation for the quarter that ended in Feb. 2024 was RM0.1 Mil.

Oriental Interest Bhd's quarterly Long-Term Capital Lease Obligation declined from Aug. 2023 (RM0.3 Mil) to Nov. 2023 (RM0.2 Mil) and declined from Nov. 2023 (RM0.2 Mil) to Feb. 2024 (RM0.1 Mil).

Oriental Interest Bhd's annual Long-Term Capital Lease Obligation declined from Aug. 2021 (RM0.7 Mil) to Aug. 2022 (RM0.5 Mil) and declined from Aug. 2022 (RM0.5 Mil) to Aug. 2023 (RM0.3 Mil).

Oriental Interest Bhd Long-Term Capital Lease Obligation Historical Data

The historical data trend for Oriental Interest 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.

* Premium members only.

Oriental Interest Bhd Long-Term Capital Lease Obligation Chart

Oriental Interest Bhd Annual Data

Trend

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Aug21

Aug22

Aug23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

0.74

0.52

0.29

Oriental Interest Bhd Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															0.49	0.39	0.29	0.20	0.15

Oriental Interest Bhd (XKLS:5827) 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.

Oriental Interest Bhd Long-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of Oriental Interest Bhd's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.

Oriental Interest Bhd (XKLS:5827) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Oriental Interest Bhd (XKLS:5827) » Definitions » Long-Term Capital Lease Obligation

Traded in Other Exchanges

N/A

Address

34 and 35, Lengkok Cempaka 2, Bandar Amanjaya, Sungai Petani, KDH, MYS, 08000

Website

https://www.oibgroup.com

Oriental Interest Bhd is engaged in providing management services. It operates in the following segments: Property Development, Construction, Investment holding, Oil palm cultivation, and Hotel operation. Its project portfolio is spread across the Northern and Central regions of Malaysia. The majority of the revenue is derived from property development. The Group operates only in Malaysia.

Oriental Interest Bhd (XKLS:5827) Headlines

No Headlines