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Greaves Cotton (BOM:501455) Long-Term Capital Lease Obligation : ₹195 Mil (As of Mar. 2024)


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What is Greaves Cotton Long-Term Capital Lease Obligation?

Greaves Cotton's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹195 Mil.

Greaves Cotton's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (₹258 Mil) to Dec. 2023 (₹0 Mil) but then increased from Dec. 2023 (₹0 Mil) to Mar. 2024 (₹195 Mil).

Greaves Cotton's annual Long-Term Capital Lease Obligation increased from Mar. 2022 (₹135 Mil) to Mar. 2023 (₹178 Mil) and increased from Mar. 2023 (₹178 Mil) to Mar. 2024 (₹195 Mil).


Greaves Cotton Long-Term Capital Lease Obligation Historical Data

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

Greaves Cotton Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 144.60 108.20 135.30 178.10 194.80

Greaves Cotton 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 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 178.10 - 257.90 - 194.80

Greaves Cotton  (BOM:501455) 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.

Greaves Cotton Long-Term Capital Lease Obligation Related Terms

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Greaves Cotton (BOM:501455) Business Description

Traded in Other Exchanges
Address
LBS Marg, Kurla (West), Unit No. 1A, 5th Floor, Tower 3, Equinox Business Park, Mumbai, MH, IND, 400 070
Greaves Cotton Ltd is a diversified engineering company. The company is a manufacturer and marketer of diesel engines, petrol engines, generator sets, pump sets, and construction equipment. Its product is used in automotive, marine, farm, construction and industrial applications. The company's operating segment includes Engines, Electric mobility and Others. The Engine segment includes the application of engines in farm equipment and gensets. It generates maximum revenue from the Engines segment. Geographically, it derives a majority of revenue from India.

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