Nestle Pakistan (KAR:NESTLE) Long-Term Capital Lease Obligation : ₨1,521 Mil (As of Mar. 2024)

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What is Nestle Pakistan Long-Term Capital Lease Obligation?

Nestle Pakistan's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₨1,521 Mil.

Nestle Pakistan's quarterly Long-Term Capital Lease Obligation increased from Sep. 2023 (₨1,410 Mil) to Dec. 2023 (₨1,602 Mil) but then declined from Dec. 2023 (₨1,602 Mil) to Mar. 2024 (₨1,521 Mil).

Nestle Pakistan's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (₨115 Mil) to Dec. 2022 (₨1,378 Mil) and increased from Dec. 2022 (₨1,378 Mil) to Dec. 2023 (₨1,602 Mil).

Nestle Pakistan Long-Term Capital Lease Obligation Historical Data

The historical data trend for Nestle Pakistan'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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Nestle Pakistan Long-Term Capital Lease Obligation Chart

Nestle Pakistan Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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143.00

34.68

115.48

1,378.20

1,602.35

Nestle Pakistan Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	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															1,324.14	1,296.83	1,410.32	1,602.35	1,521.08

Nestle Pakistan (KAR:NESTLE) 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.

Nestle Pakistan Long-Term Capital Lease Obligation Related Terms

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Nestle Pakistan (KAR:NESTLE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Nestle Pakistan Ltd (KAR:NESTLE) » Definitions » Long-Term Capital Lease Obligation

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Traded in Other Exchanges

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Address

Packages Mall, PO Amer Sidhu, Shahrah-e-Roomi, Lahore, PAK, 54760

Website

https://www.nestle.pk

Nestle Pakistan Ltd is a food and beverage company. The principal activity of the company is the manufacturing, processing, and sale of food products including imported products. The company's operating segments: Dairy and Nutrition Products, Powdered and Liquid Beverages, and Others. It generates maximum revenue from the Dairy and Nutrition Products segment. The company has operational footprints across Pakistan, Afghanistan, and other foreign countries. Its key products are ambient dairy, confectionery, coffee, beverages, infant nutrition, and drinking water. The majority of its revenue is derived from Pakistan.

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