Suraj Products (BOM:518075) Long-Term Capital Lease Obligation : ₹5 Mil (As of Mar. 2024)

View and export this data going back to 1993. Start your Free Trial

What is Suraj Products Long-Term Capital Lease Obligation?

Suraj Products's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹5 Mil.

Suraj Products's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (₹6 Mil) to Dec. 2023 (₹0 Mil) but then increased from Dec. 2023 (₹0 Mil) to Mar. 2024 (₹5 Mil).

Suraj Products's annual Long-Term Capital Lease Obligation stayed the same from Mar. 2022 (₹5 Mil) to Mar. 2023 (₹5 Mil) and stayed the same from Mar. 2023 (₹5 Mil) to Mar. 2024 (₹5 Mil).

Suraj Products Long-Term Capital Lease Obligation Historical Data

The historical data trend for Suraj Products'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.

Suraj Products Long-Term Capital Lease Obligation Chart

Suraj Products Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

5.13

Suraj Products 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															5.13	-	5.65	-	5.13

Suraj Products (BOM:518075) 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.

Suraj Products Long-Term Capital Lease Obligation Related Terms

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

Suraj Products (BOM:518075) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Suraj Products Ltd (BOM:518075) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

Village: Barpali, P.O. Kesaramal Rajgangpur, Sundargarh, OR, IND, 770017

Website

https://www.surajproducts.com

Suraj Products Ltd is in production of Sponge Iron. The company has a single business segment finished products from Iron Ore. The company has three products namely TMT Bar, Pig Iron, Sponge Iron and MS Ingot.

Suraj Products (BOM:518075) Headlines

No Headlines