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Balrampur Chini Mills (BOM:500038) Long-Term Capital Lease Obligation : ₹0 Mil (As of Dec. 2023)


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What is Balrampur Chini Mills Long-Term Capital Lease Obligation?

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

Balrampur Chini Mills's quarterly Long-Term Capital Lease Obligation increased from Jun. 2023 (₹0 Mil) to Sep. 2023 (₹9 Mil) but then declined from Sep. 2023 (₹9 Mil) to Dec. 2023 (₹0 Mil).

Balrampur Chini Mills's annual Long-Term Capital Lease Obligation declined from Mar. 2021 (₹10 Mil) to Mar. 2022 (₹9 Mil) and declined from Mar. 2022 (₹9 Mil) to Mar. 2023 (₹8 Mil).


Balrampur Chini Mills Long-Term Capital Lease Obligation Historical Data

The historical data trend for Balrampur Chini Mills'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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Balrampur Chini Mills Long-Term Capital Lease Obligation Chart

Balrampur Chini Mills 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 - 22.38 10.02 9.17 8.27

Balrampur Chini Mills 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 - 8.27 - 8.61 -

Balrampur Chini Mills  (BOM:500038) 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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Balrampur Chini Mills (BOM:500038) Business Description

Traded in Other Exchanges
Address
234/3A, A.J.C. Bose Road, FMC Fortuna, 2nd Floor, Kolkata, WB, IND, 700020
Balrampur Chini Mills Ltd is an Indian integrated sugar manufacturing company. Its core business activities are that of manufacturing of sugar whereas its allied business activities include manufacturing and marketing of Ethyl Alcohol and Ethanol, generation, and selling of power. The company's products include sugar, molasses, alcohol, ethanol, bagasse, power and others. It operates through three segments namely Sugar, Distillery, and Others. The company earns the majority of its through the manufacturing and selling of sugar and related products in India.

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