GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » IIRM Holdings India Ltd (BOM:526530) » Definitions » Long-Term Capital Lease Obligation

IIRM Holdings India (BOM:526530) Long-Term Capital Lease Obligation : ₹56 Mil (As of Mar. 2025)


View and export this data going back to 1994. Start your Free Trial

What is IIRM Holdings India Long-Term Capital Lease Obligation?

IIRM Holdings India's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was ₹56 Mil.

IIRM Holdings India's quarterly Long-Term Capital Lease Obligation declined from Sep. 2024 (₹64 Mil) to Dec. 2024 (₹0 Mil) but then increased from Dec. 2024 (₹0 Mil) to Mar. 2025 (₹56 Mil).

IIRM Holdings India's annual Long-Term Capital Lease Obligation increased from Mar. 2023 (₹0 Mil) to Mar. 2024 (₹33 Mil) and increased from Mar. 2024 (₹33 Mil) to Mar. 2025 (₹56 Mil).


IIRM Holdings India Long-Term Capital Lease Obligation Historical Data

The historical data trend for IIRM Holdings India'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.

IIRM Holdings India Long-Term Capital Lease Obligation Chart

IIRM Holdings India Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 33.12 56.42

IIRM Holdings India Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 33.12 - 63.75 - 56.42

IIRM Holdings India  (BOM:526530) 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.

IIRM Holdings India Long-Term Capital Lease Obligation Related Terms

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


IIRM Holdings India Business Description

Traded in Other Exchanges
N/A
Address
Sardar Patel Road, 5th Floor, Ashoka My Home Chambers, Sindhi Colony, Begumpet, Secunderabad, Hyderabad, TG, IND, 500003
IIRM Holdings India Ltd invests in various group companies involved in insurance distribution, wellness services, and insurance staffing and skill development services. The group comprises approximately 7 companies, each specializing in a different area within this spectrum of services. Together with its Subsidiaries and Associates engaged in Insurance Distribution are Regulated by the respective Regulators in their respective Geographies. The Group currently operates in India, Singapore, Sri Lanka, Maldives and Kenya through entities in respective countries.

IIRM Holdings India Headlines

No Headlines