Atul (NSE:ATUL) Long-Term Capital Lease Obligation : ₹47 Mil (As of Mar. 2024)

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What is Atul Long-Term Capital Lease Obligation?

Atul's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹47 Mil.

Atul's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (₹50 Mil) to Dec. 2023 (₹0 Mil) but then increased from Dec. 2023 (₹0 Mil) to Mar. 2024 (₹47 Mil).

Atul's annual Long-Term Capital Lease Obligation declined from Mar. 2022 (₹58 Mil) to Mar. 2023 (₹53 Mil) and declined from Mar. 2023 (₹53 Mil) to Mar. 2024 (₹47 Mil).

Atul Long-Term Capital Lease Obligation Historical Data

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

Atul Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Long-Term Capital Lease Obligation

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67.10

62.60

57.90

52.60

47.00

Atul 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															52.60	-	50.10	-	47.00

Atul (NSE:ATUL) 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.

Atul Long-Term Capital Lease Obligation Related Terms

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Atul (NSE:ATUL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Atul Ltd (NSE:ATUL) » Definitions » Long-Term Capital Lease Obligation

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Traded in Other Exchanges

500027:India

Address

Atul, Ahmedabad, GJ, IND, 396020

Website

https://www.atul.co.in

Atul Ltd manufactures and sells a variety of chemicals and chemical-based products. The firm's two segments are based on product type. The Performance and other chemicals segment, which generates the majority of revenue, sells aromatics used in fragrances and personal-care products, bulk chemicals, and intermediates used in the production of cosmetics and automobile tires. The segment also sells chemicals used in textile dyes and plastic polymers used in airplanes and automobiles. The Life science chemicals segment sells crop protection products including herbicides, insecticides, and fungicides. The segment also sells pharmaceuticals used to treat depression, diabetes, infections, and cardiovascular diseases. Around half of the company's revenue comes from India.

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