Careplus Group Bhd (XKLS:0163) Long-Term Capital Lease Obligation : RM17.90 Mil (As of Dec. 2023)

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What is Careplus Group Bhd Long-Term Capital Lease Obligation?

Careplus Group Bhd's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM17.90 Mil.

Careplus Group Bhd's quarterly Long-Term Capital Lease Obligation declined from Jun. 2023 (RM21.64 Mil) to Sep. 2023 (RM19.80 Mil) and declined from Sep. 2023 (RM19.80 Mil) to Dec. 2023 (RM17.90 Mil).

Careplus Group Bhd's annual Long-Term Capital Lease Obligation declined from Dec. 2018 (RM10.71 Mil) to Dec. 2019 (RM4.08 Mil) but then increased from Dec. 2019 (RM4.08 Mil) to Dec. 2020 (RM4.22 Mil).

Careplus Group Bhd Long-Term Capital Lease Obligation Historical Data

The historical data trend for Careplus Group 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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Careplus Group Bhd Long-Term Capital Lease Obligation Chart

Careplus Group Bhd Annual Data

Trend

Jan11

Jan12

Jan13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Long-Term Capital Lease Obligation

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23.13

19.86

10.71

4.08

4.22

Careplus Group Bhd Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Mar23	Jun23	Sep23	Dec23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															13.91	22.65	21.64	19.80	17.90

Careplus Group Bhd (XKLS:0163) 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.

Careplus Group Bhd Long-Term Capital Lease Obligation Related Terms

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Careplus Group Bhd (XKLS:0163) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Careplus Group Bhd (XKLS:0163) » Definitions » Long-Term Capital Lease Obligation

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Traded in Other Exchanges

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Address

Lot 17479, Lorong Senawang 3/2, Off Jalan Senawang 3, Senawang Industrial Estate, Seremban, NSN, MYS, 70450

Website

https://www.careplus.com

Careplus Group Bhd is involved in the manufacturing, processing, and trading of gloves. The company's product consists of Latex exam gloves, Latex surgical gloves and Nitrile exam gloves. Its Latex exam gloves are used in the medical examinations and procedures, diagnostic procedures by the dentist, laboratory practices and for food handling practices. The Nitrile exam gloves are generally used in laboratory practices and the automotive industry. Geographically, it has operations in Central, North and South America, Malaysia, and the other Asia Pacific regions. It generates a vast majority of revenues from Other Asia Pacific and South America.

Careplus Group Bhd (XKLS:0163) Headlines

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