Macpower CNC Machines (NSE:MACPOWER) Long-Term Capital Lease Obligation : ₹4 Mil (As of Mar. 2024)

View and export this data going back to 2018. Start your Free Trial

What is Macpower CNC Machines Long-Term Capital Lease Obligation?

Macpower CNC Machines's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹4 Mil.

Macpower CNC Machines's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (₹4 Mil) to Dec. 2023 (₹0 Mil) but then increased from Dec. 2023 (₹0 Mil) to Mar. 2024 (₹4 Mil).

Macpower CNC Machines's annual Long-Term Capital Lease Obligation increased from Mar. 2022 (₹0 Mil) to Mar. 2023 (₹3 Mil) and increased from Mar. 2023 (₹3 Mil) to Mar. 2024 (₹4 Mil).

Macpower CNC Machines Long-Term Capital Lease Obligation Historical Data

The historical data trend for Macpower CNC Machines'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.

Macpower CNC Machines Long-Term Capital Lease Obligation Chart

Macpower CNC Machines Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

5.60

1.31

0.40

3.20

3.50

Macpower CNC Machines Quarterly Data
	Sep18	Mar19	Sep19	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															3.20	-	4.10	-	3.50

Macpower CNC Machines (NSE:MACPOWER) 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.

Macpower CNC Machines Long-Term Capital Lease Obligation Related Terms

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

Macpower CNC Machines (NSE:MACPOWER) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Macpower CNC Machines Ltd (NSE:MACPOWER) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

Near Krnati Gate, Plot No. 2234, GIDC Metoda, Talu-Lodhika District, Rajkot, GJ, IND, 360021

Website

https://www.macpowercnc.com

Macpower CNC Machines Ltd is engaged in the manufacture of Computer numerical control (CNC) Turning Centers; Vertical Machining Centers, Horizontal Machining Centers, Cylindrical Grinder, Vertical Turret Lathe, Turn Mill Centers, Drill Tap Center, Twin Spindle VMC, and Multi-Tasking 5-axis along with sub-spindle. It also offers Robotic Automation integrated with CNC machines to cope with the demand for technology-driven machining excellence.

Macpower CNC Machines (NSE:MACPOWER) Headlines

No Headlines