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RLF (BOM:512618) Long-Term Capital Lease Obligation : ₹0.00 Mil (As of Dec. 2023)


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What is RLF Long-Term Capital Lease Obligation?

RLF's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0.00 Mil.


RLF Long-Term Capital Lease Obligation Historical Data

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

RLF Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Long-Term Capital Lease Obligation
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RLF Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Mar20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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RLF  (BOM:512618) 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.

RLF Long-Term Capital Lease Obligation Related Terms

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RLF (BOM:512618) Business Description

Traded in Other Exchanges
N/A
Address
14 Kms, Gurugram Pataudi Road, Village Jhund Sarai Veeran, Sector-95, Gurugram, HR, IND, 122001
RLF Ltd is an India-based company engaged in the textile business. It is involved in the business of embroidery manufacturing. In addition, the company is also engaged in sports activities. The company has a Tennis Centre where the National Tennis Tournaments were conducted for various different age categories. It has also conducted various Tennis workshops for coaches and Tennis players. The company receives revenue from the manufacturing operations and service income. Majority of the revenue is generated from service income.

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