Tata Motors (Tata Motors) Long-Term Capital Lease Obligation : $0 Mil (As of Dec. 2023)

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What is Tata Motors Long-Term Capital Lease Obligation?

Tata Motors's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0 Mil.

Tata Motors's quarterly Long-Term Capital Lease Obligation increased from Jun. 2023 ($0 Mil) to Sep. 2023 ($898 Mil) but then declined from Sep. 2023 ($898 Mil) to Dec. 2023 ($0 Mil).

Tata Motors's annual Long-Term Capital Lease Obligation increased from Mar. 2021 ($743 Mil) to Mar. 2022 ($783 Mil) and increased from Mar. 2022 ($783 Mil) to Mar. 2023 ($920 Mil).

Tata Motors Long-Term Capital Lease Obligation Historical Data

The historical data trend for Tata Motors'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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Tata Motors Long-Term Capital Lease Obligation Chart

Tata Motors Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Long-Term Capital Lease Obligation

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22.47

692.56

743.22

782.58

920.00

Tata Motors Quarterly Data
	Mar13	Dec13	Mar14	Dec14	Mar15	Mar16	Mar17	Mar18	Mar19	Mar20	Mar21	Sep21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															-	920.00	-	898.25	-

Tata Motors (NYSE:TTM) 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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Tata Motors (Tata Motors) Business Description

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TATAMTRDVR:India TATAMOTORS:India 570001:India 500570:India

Address

24, Homi Mody Street, Bombay House, Mumbai, MH, IND, 400 001

Website

https://www.tatamotors.com

Tata Motors Ltd is an automobile manufacturer company. The company's segment includes Automotive and others. The Automotive segment consists of four reportable sub-segments: Tata Commercial Vehicles, Tata Passenger Vehicles, Jaguar Land Rover, and Vehicle Financing. Others consist of IT services and Insurance Broking services. Geographically, it derives a majority of its revenue from India.