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Crayons Advertising (NSE:CRAYONS) Long-Term Capital Lease Obligation : ₹0.0 Mil (As of Dec. 2022)


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What is Crayons Advertising Long-Term Capital Lease Obligation?

Crayons Advertising's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2022 was ₹0.0 Mil.


Crayons Advertising Long-Term Capital Lease Obligation Historical Data

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

Crayons Advertising Annual Data
Trend Mar20 Mar21 Mar22
Long-Term Capital Lease Obligation
- - -

Crayons Advertising Quarterly Data
Mar20 Mar21 Mar22 Sep22 Dec22
Long-Term Capital Lease Obligation - - - - -

Crayons Advertising  (NSE:CRAYONS) 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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Crayons Advertising (NSE:CRAYONS) Business Description

Traded in Other Exchanges
N/A
Address
Maa Anandmayee Marg, NSIC Complex, Phase- III, Okhla Industrial Estate, New Delhi, IND, 110020
Crayons Advertising Ltd is an Integrated marketing and communications agency. The company is expanding its business horizons with the moving trends across the world, reflecting its growing expertise in the marketing, branding and advertising industry. The company provides Television advertising, Print Advertising, Radio Advertising, Internet/Online Advertising, Mobile Advertising, and Outdoor Advertising.

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