5E Resources (SGX:NLC) Long-Term Capital Lease Obligation : S$2.93 Mil (As of Dec. 2023)

View and export this data going back to 2022. Start your Free Trial

What is 5E Resources Long-Term Capital Lease Obligation?

5E Resources's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was S$2.93 Mil.

5E Resources's quarterly Long-Term Capital Lease Obligation declined from Dec. 2022 (S$3.03 Mil) to Jun. 2023 (S$2.88 Mil) but then increased from Jun. 2023 (S$2.88 Mil) to Dec. 2023 (S$2.93 Mil).

5E Resources's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (S$0.05 Mil) to Dec. 2022 (S$3.03 Mil) but then declined from Dec. 2022 (S$3.03 Mil) to Dec. 2023 (S$2.93 Mil).

5E Resources Long-Term Capital Lease Obligation Historical Data

The historical data trend for 5E Resources'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.

5E Resources Long-Term Capital Lease Obligation Chart

5E Resources Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

0.16

0.06

0.05

3.03

2.93

5E Resources Quarterly Data
	Dec18	Dec19	Sep20	Dec20	Jun21	Sep21	Dec21	Jun22	Dec22	Jun23	Dec23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial						0.05	3.79	3.03	2.88	2.93

5E Resources (SGX:NLC) 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.

5E Resources Long-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of 5E Resources's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.

5E Resources (SGX:NLC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » 5E Resources Ltd (SGX:NLC) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plo 738, Jalan Platinum Utama, Zon 12B, Pasir Gudang Industrial Area, Pasir Gudang, JHR, MYS, 81700

Website

https://www.5e-resources.com

5E Resources Ltd is a provider of scheduled waste management services in Malaysia. The company's segments include the sale of recovered and recycled products, which involves the sale of products and by-products generated from the provision of scheduled waste treatment services, and chemical trading, operated via its indirect wholly-owned subsidiary.

5E Resources (SGX:NLC) Headlines

No Headlines