QL Resources Bhd (XKLS:7084) Long-Term Capital Lease Obligation : RM185 Mil (As of Dec. 2023)

View and export this data going back to 2000. Start your Free Trial

What is QL Resources Bhd Long-Term Capital Lease Obligation?

QL Resources Bhd's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM185 Mil.

QL Resources Bhd's quarterly Long-Term Capital Lease Obligation increased from Jun. 2023 (RM181 Mil) to Sep. 2023 (RM186 Mil) but then declined from Sep. 2023 (RM186 Mil) to Dec. 2023 (RM185 Mil).

QL Resources Bhd's annual Long-Term Capital Lease Obligation increased from Mar. 2021 (RM142 Mil) to Mar. 2022 (RM146 Mil) and increased from Mar. 2022 (RM146 Mil) to Mar. 2023 (RM181 Mil).

QL Resources Bhd Long-Term Capital Lease Obligation Historical Data

The historical data trend for QL Resources 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.

QL Resources Bhd Long-Term Capital Lease Obligation Chart

QL Resources Bhd Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

0.17

129.16

141.98

146.00

181.28

QL Resources Bhd Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															174.34	181.28	180.56	186.30	185.11

QL Resources Bhd (XKLS:7084) 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.

QL Resources Bhd Long-Term Capital Lease Obligation Related Terms

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

QL Resources Bhd (XKLS:7084) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » QL Resources Bhd (XKLS:7084) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

Number 16A, Jalan Astaka U8/83, Bukit Jelutong, Shah Alam, SGR, MYS, 40150

Website

https://www.ql.com.my

QL Resources Bhd is an agro-food company. The company has the following principal segments; Integrated Livestock Farming, Marine Products Manufacturing, and Palm oil and clean energy and Convenience store chain. It farms and produces resource-efficient protein and food energy sources. The group's business operates in five geographical areas: Malaysia, Indonesia, Vietnam, China, and Singapore. It generates the majority of its revenue from the Integrated Livestock Farming segment.

QL Resources Bhd (XKLS:7084) Headlines

No Headlines