GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » M K Proteins Ltd (NSE:MKPL) » Definitions » Long-Term Capital Lease Obligation

M K Proteins (NSE:MKPL) Long-Term Capital Lease Obligation : ₹10 Mil (As of Mar. 2024)


View and export this data going back to 2017. Start your Free Trial

What is M K Proteins Long-Term Capital Lease Obligation?

M K Proteins's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹10 Mil.

M K Proteins's quarterly Long-Term Capital Lease Obligation stayed the same from Mar. 2022 (₹0 Mil) to Mar. 2023 (₹0 Mil) but then increased from Mar. 2023 (₹0 Mil) to Mar. 2024 (₹10 Mil).

M K Proteins's annual Long-Term Capital Lease Obligation stayed the same from Mar. 2022 (₹0 Mil) to Mar. 2023 (₹0 Mil) but then increased from Mar. 2023 (₹0 Mil) to Mar. 2024 (₹10 Mil).


M K Proteins Long-Term Capital Lease Obligation Historical Data

The historical data trend for M K Proteins'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.

M K Proteins Long-Term Capital Lease Obligation Chart

M K Proteins Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 9.72

M K Proteins Semi-Annual Data
Mar13 Mar14 Mar15 Mar16 Mar17 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Long-Term Capital Lease Obligation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - - - - 9.72

M K Proteins  (NSE:MKPL) 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.

M K Proteins Long-Term Capital Lease Obligation Related Terms

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


M K Proteins (NSE:MKPL) Business Description

Traded in Other Exchanges
Address
Naraingarh Road, Village Garnala, Ambala, HR, IND, 134003
M K Proteins Ltd is engaged in the manufacturing and trading of vegetable refined oil and by-products like Rice Bran Fatty, Wax, Gums, and Spent among others. The company is also engaged in trading of various products including Rice Bran Oil and other items.

M K Proteins (NSE:MKPL) Headlines

No Headlines