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Starcom Information Technology (BOM:531616) Long-Term Capital Lease Obligation : ₹0.00 Mil (As of Dec. 2024)


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What is Starcom Information Technology Long-Term Capital Lease Obligation?

Starcom Information Technology's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2024 was ₹0.00 Mil.


Starcom Information Technology Long-Term Capital Lease Obligation Historical Data

The historical data trend for Starcom Information Technology'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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Starcom Information Technology Long-Term Capital Lease Obligation Chart

Starcom Information Technology Annual Data
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Long-Term Capital Lease Obligation
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Starcom Information Technology Quarterly Data
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Starcom Information Technology  (BOM:531616) 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.

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Starcom Information Technology Business Description

Traded in Other Exchanges
N/A
Address
St. Marks Road, 73/1, Sheriff Centre, 5th Floor, Bangalore, KA, IND, 560001
Starcom Information Technology Ltd is an IP-driven solution provider in the data quality, business intelligence, and data analytics space. The company's operating segments are Test, measurement, and embedded solutions for the Educational sector, and Data Quality, statistical, and analytics software. The services provided include data cleansing, data profiling, and data de-duping which delivers accuracy, completeness, consistency, timeliness, uniqueness, and validity. It also offers data sourcing, on-demand, and scheduled delivery, report and dashboard designing, and others.

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