Rain Industries (BOM:500339) Long-Term Capital Lease Obligation : ₹4,039 Mil (As of Dec. 2023)

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

What is Rain Industries Long-Term Capital Lease Obligation?

Rain Industries's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹4,039 Mil.

Rain Industries's quarterly Long-Term Capital Lease Obligation increased from Dec. 2021 (₹3,532 Mil) to Dec. 2022 (₹4,098 Mil) but then declined from Dec. 2022 (₹4,098 Mil) to Dec. 2023 (₹4,039 Mil).

Rain Industries's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (₹3,532 Mil) to Dec. 2022 (₹4,098 Mil) but then declined from Dec. 2022 (₹4,098 Mil) to Dec. 2023 (₹4,039 Mil).

Rain Industries Long-Term Capital Lease Obligation Historical Data

The historical data trend for Rain Industries'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.

Rain Industries Long-Term Capital Lease Obligation Chart

Rain Industries Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

1,089.42

4,227.76

3,531.99

4,098.40

4,038.99

Rain Industries Semi-Annual Data
	Mar05	Mar06	Mar07	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial														1,089.42	4,227.76	3,531.99	4,098.40	4,038.99

Rain Industries (BOM:500339) 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.

Rain Industries Long-Term Capital Lease Obligation Related Terms

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

Rain Industries (BOM:500339) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Rain Industries Ltd (BOM:500339) » Definitions » Long-Term Capital Lease Obligation

Traded in Other Exchanges

RAIN:India

Address

34, Srinagar Colony, Rain Center, Hyderabad, TG, IND, 500073

Website

https://www.rain-industries.com

Rain Industries Ltd engages in the production of cement and other related products. The group operates through three segments namely Carbon Products, Advanced Materials, and Cement. The product portfolio of the group consists of Calcined Petroleum Coke, Green Petroleum Coke, Coal Tar Pitch, Co-generated Energy and other derivatives of coal tar distillation. In addition, it also focuses on the downstream operations of coal tar distillation and modifiers and is also involved in the manufacture and sale of cement. Geographically, the business of the firm is spread across the region of Europe, the United States, North America, Asia, and others.

Rain Industries (BOM:500339) Headlines

No Headlines