Rategain Travel Technologies (BOM:543417) Long-Term Capital Lease Obligation : ₹138 Mil (As of Mar. 2024)

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What is Rategain Travel Technologies Long-Term Capital Lease Obligation?

Rategain Travel Technologies's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹138 Mil.

Rategain Travel Technologies's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (₹142 Mil) to Dec. 2023 (₹0 Mil) but then increased from Dec. 2023 (₹0 Mil) to Mar. 2024 (₹138 Mil).

Rategain Travel Technologies's annual Long-Term Capital Lease Obligation declined from Mar. 2022 (₹147 Mil) to Mar. 2023 (₹140 Mil) and declined from Mar. 2023 (₹140 Mil) to Mar. 2024 (₹138 Mil).

Rategain Travel Technologies Long-Term Capital Lease Obligation Historical Data

The historical data trend for Rategain Travel Technologies'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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Rategain Travel Technologies Long-Term Capital Lease Obligation Chart

Rategain Travel Technologies Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Long-Term Capital Lease Obligation

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179.84

26.22

147.24

140.33

138.41

Rategain Travel Technologies Quarterly Data
	Mar19	Mar20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial											140.33	-	141.52	-	138.41

Rategain Travel Technologies (BOM:543417) 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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Rategain Travel Technologies (BOM:543417) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Rategain Travel Technologies Ltd (BOM:543417) » Definitions » Long-Term Capital Lease Obligation

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RATEGAIN:India

Address

Plot No. A-3,4,5, Sector 125, Club 125, 4th, Prius Global, Noida, UP, IND, 201 301

Website

https://www.rategain.com

Rategain Travel Technologies Ltd is a SaaS company in the hospitality and travel industry offering solutions across a wide spectrum of verticals including hotels, airlines, online travel agents, meta-search companies, vacation rentals, package providers, car rentals, rail, travel management companies, cruises and ferries. Geographically, it derives a majority of its revenue from the United Kingdom.

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