Smile-Link Healthcare Global Bhd (XKLS:03023) Long-Term Capital Lease Obligation : RM2.24 Mil (As of Jun. 2023)

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What is Smile-Link Healthcare Global Bhd Long-Term Capital Lease Obligation?

Smile-Link Healthcare Global Bhd's Long-Term Capital Lease Obligation for the quarter that ended in Jun. 2023 was RM2.24 Mil.

Smile-Link Healthcare Global Bhd's quarterly Long-Term Capital Lease Obligation declined from Jun. 2022 (RM5.08 Mil) to Dec. 2022 (RM4.08 Mil) and declined from Dec. 2022 (RM4.08 Mil) to Jun. 2023 (RM2.24 Mil).

Smile-Link Healthcare Global Bhd's annual Long-Term Capital Lease Obligation increased from Dec. 2020 (RM3.14 Mil) to Dec. 2021 (RM3.95 Mil) and increased from Dec. 2021 (RM3.95 Mil) to Dec. 2022 (RM4.08 Mil).

Smile-Link Healthcare Global Bhd Long-Term Capital Lease Obligation Historical Data

The historical data trend for Smile-Link Healthcare Global 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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Smile-Link Healthcare Global Bhd Long-Term Capital Lease Obligation Chart

Smile-Link Healthcare Global Bhd Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Long-Term Capital Lease Obligation

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3.70

3.14

3.95

4.08

Smile-Link Healthcare Global Bhd Semi-Annual Data
	Dec16	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial							2.94	3.95	5.08	4.08	2.24

Smile-Link Healthcare Global Bhd (XKLS:03023) 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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Smile-Link Healthcare Global Bhd (XKLS:03023) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Smile-Link Healthcare Global Bhd (XKLS:03023) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lot PT 7221, Jalan Merah Caga, Taman Sri Endah, Bandar Baru Sri Petaling, Kuala Lumpur, MYS, 57000

Website

https://www.smile-link.com/

Smile-Link Healthcare Global Bhd is engaged in providing dental healthcare services in Malaysia.

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