Tejas Networks (BOM:540595) Long-Term Capital Lease Obligation : ₹1,334 Mil (As of Mar. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Tejas Networks Long-Term Capital Lease Obligation?

Tejas Networks's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹1,334 Mil.

Tejas Networks's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (₹1,330 Mil) to Dec. 2023 (₹0 Mil) but then increased from Dec. 2023 (₹0 Mil) to Mar. 2024 (₹1,334 Mil).

Tejas Networks's annual Long-Term Capital Lease Obligation increased from Mar. 2022 (₹120 Mil) to Mar. 2023 (₹439 Mil) and increased from Mar. 2023 (₹439 Mil) to Mar. 2024 (₹1,334 Mil).

Tejas Networks Long-Term Capital Lease Obligation Historical Data

The historical data trend for Tejas Networks'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.

Tejas Networks Long-Term Capital Lease Obligation Chart

Tejas Networks Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

219.10

170.70

119.50

439.00

1,333.70

Tejas Networks 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															449.80	439.00	1,329.90	-	1,333.70

Tejas Networks (BOM:540595) 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.

Tejas Networks Long-Term Capital Lease Obligation Related Terms

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

Tejas Networks (BOM:540595) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Tejas Networks Ltd (BOM:540595) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

TEJASNET:India

Address

Hosur Road, Electronic City, Phase 1, J.P. Software Park, Plot No. 25, 5th Floor, Survey No. 13, 14, 17,18, Konnapana Agrahara Village, Begur Hobli, Bengaluru, KA, IND, 560 100

Website

https://www.tejasnetworks.com

Tejas Networks Ltd is an optical and data networking products company. The company designs, develops, and manufactures high-performance products for building high-speed communication networks that carry voice, data, and video traffic from fixed line, mobile, and broadband networks. It serves telecommunications service providers, internet service providers, utilities, defense, and government entities. The company's principal geographical areas for its operations are located in India, Americas, and rest of the world. It derives a majority of its revenue from India.

Tejas Networks (BOM:540595) Headlines

No Headlines