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Trident (BOM:521064) Long-Term Capital Lease Obligation : ₹0 Mil (As of Dec. 2023)


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What is Trident Long-Term Capital Lease Obligation?

Trident's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil.

Trident's quarterly Long-Term Capital Lease Obligation increased from Jun. 2023 (₹0 Mil) to Sep. 2023 (₹611 Mil) but then declined from Sep. 2023 (₹611 Mil) to Dec. 2023 (₹0 Mil).

Trident's annual Long-Term Capital Lease Obligation declined from Mar. 2021 (₹254 Mil) to Mar. 2022 (₹240 Mil) but then increased from Mar. 2022 (₹240 Mil) to Mar. 2023 (₹603 Mil).


Trident Long-Term Capital Lease Obligation Historical Data

The historical data trend for Trident'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.

Trident Long-Term Capital Lease Obligation Chart

Trident Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 323.90 254.30 240.10 603.20

Trident Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Long-Term Capital Lease Obligation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 603.20 - 610.80 -

Trident  (BOM:521064) 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.

Trident Long-Term Capital Lease Obligation Related Terms

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Trident (BOM:521064) Business Description

Traded in Other Exchanges
Address
E-212, Kitchlu Nagar, Ludhiana, PB, IND, 141 001
Trident Ltd is a terry towel and wheat straw-based manufacturer in India. The company through its subsidiaries operates through the below segments: Yarn, Towel, Bedsheets and Paper & Chemicals. The firm generates a majority of its revenue from the Towel segment. The group offers a variety of products such as solid bath sets, beach towels, embroidered towels, bath mats, bathrobes, duvet covers, cushion covers, blended yarn, drawing paper under Trident Spectra, Trident My Choice, Trident Digi Print, Trident Royal Touch, Trident Eco Green, and Trident Natural brands. Its geographical segments include India, the USA, and the Rest of the world.

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