PTC India Financial Services (BOM:533344) Long-Term Capital Lease Obligation : ₹206 Mil (As of Mar. 2024)

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What is PTC India Financial Services Long-Term Capital Lease Obligation?

PTC India Financial Services's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹206 Mil.

PTC India Financial Services's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (₹216 Mil) to Dec. 2023 (₹0 Mil) but then increased from Dec. 2023 (₹0 Mil) to Mar. 2024 (₹206 Mil).

PTC India Financial Services's annual Long-Term Capital Lease Obligation increased from Mar. 2022 (₹0 Mil) to Mar. 2023 (₹179 Mil) and increased from Mar. 2023 (₹179 Mil) to Mar. 2024 (₹206 Mil).

PTC India Financial Services Long-Term Capital Lease Obligation Historical Data

The historical data trend for PTC India Financial Services'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.

PTC India Financial Services Long-Term Capital Lease Obligation Chart

PTC India Financial Services Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Long-Term Capital Lease Obligation

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38.75

178.99

206.27

PTC India Financial Services Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															-	178.99	216.25	-	206.27

PTC India Financial Services (BOM:533344) 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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PTC India Financial Services (BOM:533344) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » PTC India Financial Services Ltd (BOM:533344) » Definitions » Long-Term Capital Lease Obligation

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PFS:India

Address

8 Bhikaji Cama Place, 7th Floor, Telephone Exchange Building, New Delhi, IND, 110 066

Website

https://www.ptcfinancial.com

PTC India Financial Services Ltd provides total financial services to the entities in the energy value chain, which inter-alia includes investing in equity and extending debt to power projects in generation, transmission, distribution, fuel sources, fuel-related infrastructures like gas pipelines, LNG terminals, ports, equipment manufacturers, and EPC contractors. The company also provides non-fund-based financial services adding value to greenfield and brownfield projects at various stages of growth and development. The company is an India-based Non-Banking Financial company.

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