TGV Sraac (BOM:507753) Long-Term Capital Lease Obligation : ₹144 Mil (As of Mar. 2024)

View and export this data going back to 1987. Start your Free Trial

What is TGV Sraac Long-Term Capital Lease Obligation?

TGV Sraac's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹144 Mil.

TGV Sraac's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (₹143 Mil) to Dec. 2023 (₹0 Mil) but then increased from Dec. 2023 (₹0 Mil) to Mar. 2024 (₹144 Mil).

TGV Sraac's annual Long-Term Capital Lease Obligation declined from Mar. 2022 (₹167 Mil) to Mar. 2023 (₹151 Mil) and declined from Mar. 2023 (₹151 Mil) to Mar. 2024 (₹144 Mil).

TGV Sraac Long-Term Capital Lease Obligation Historical Data

The historical data trend for TGV Sraac'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.

TGV Sraac Long-Term Capital Lease Obligation Chart

TGV Sraac Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

200.60

184.73

167.19

151.42

143.90

TGV Sraac 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															151.42	-	142.50	-	143.90

TGV Sraac (BOM:507753) 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.

TGV Sraac Long-Term Capital Lease Obligation Related Terms

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

TGV Sraac (BOM:507753) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » TGV Sraac Ltd (BOM:507753) » Definitions » Long-Term Capital Lease Obligation

Traded in Other Exchanges

N/A

Address

40-304, Krishna Jyothsna Complex, 2nd Floor, Bhagya Nagar, Kurnool, AP, IND, 518 004

Website

http://www.tgvgroup.com

TGV Sraac Ltd operates in the chemical business. The company has two segments namely Chemicals, Oils and Fats. The Chemical segment includes Caustic Soda Lye/ Flakes, Chlorine, Hydrochloric Acid, Potassium Hydroxide Lye/ Flakes and chloromethanes. Whereas Oils and Fats segment products consist of Hydrogenated Castor Oil, 12-Hydroxy Stearic Acid, Stearic Acid and Soap Noodles. It generates maximum revenue from the Chemicals segment.

TGV Sraac (BOM:507753) Headlines

No Headlines