CESC (BOM:500084) Long-Term Capital Lease Obligation : ₹1,480 Mil (As of Mar. 2024)

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What is CESC Long-Term Capital Lease Obligation?

CESC's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹1,480 Mil.

CESC's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (₹1,560 Mil) to Dec. 2023 (₹0 Mil) but then increased from Dec. 2023 (₹0 Mil) to Mar. 2024 (₹1,480 Mil).

CESC's annual Long-Term Capital Lease Obligation declined from Mar. 2022 (₹1,888 Mil) to Mar. 2023 (₹1,666 Mil) and declined from Mar. 2023 (₹1,666 Mil) to Mar. 2024 (₹1,480 Mil).

CESC Long-Term Capital Lease Obligation Historical Data

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

CESC Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Long-Term Capital Lease Obligation

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2,785.70

2,037.60

1,888.30

1,665.70

1,480.00

CESC Quarterly Data
	Jun19	Sep19	Dec19	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															1,665.70	-	1,560.00	-	1,480.00

CESC (BOM:500084) 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.

CESC Long-Term Capital Lease Obligation Related Terms

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CESC (BOM:500084) Business Description

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GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » CESC Ltd (BOM:500084) » Definitions » Long-Term Capital Lease Obligation

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CESC:India

Address

CESC House, Chowringhee Square, Kolkata, WB, IND, 700 001

Website

https://www.cesc.co.in

CESC Ltd is an Indian power utility company engaged in the generation and distribution of electricity. The company owns and operates a portfolio of energy-generating facilities that primarily utilize thermal fuel sources, such as coal. CESC sources its coal mainly from Indian mines either allocated to it by the Government of India or purchased in the marketplace. The company has also made efforts to expand its capacity through renewable energy sites that employ wind, hydro, and solar power. CESC generates the vast majority of its revenue from the sale of electricity to consumer households and commercial establishments in the state of West Bengal in India. Through its subsidiaries, the company is also involved in the retail, business process management, and infrastructure sectors.

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