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Triveni Turbine (BOM:533655) Long-Term Capital Lease Obligation : ₹348 Mil (As of Mar. 2025)


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What is Triveni Turbine Long-Term Capital Lease Obligation?

Triveni Turbine's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was ₹348 Mil.

Triveni Turbine's quarterly Long-Term Capital Lease Obligation declined from Sep. 2024 (₹63 Mil) to Dec. 2024 (₹0 Mil) but then increased from Dec. 2024 (₹0 Mil) to Mar. 2025 (₹348 Mil).

Triveni Turbine's annual Long-Term Capital Lease Obligation declined from Mar. 2023 (₹28 Mil) to Mar. 2024 (₹24 Mil) but then increased from Mar. 2024 (₹24 Mil) to Mar. 2025 (₹348 Mil).


Triveni Turbine Long-Term Capital Lease Obligation Historical Data

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

Triveni Turbine 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 20.27 15.45 27.72 24.07 348.00

Triveni Turbine 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 24.07 - 63.00 - 348.00

Triveni Turbine  (BOM:533655) 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.

Triveni Turbine Long-Term Capital Lease Obligation Related Terms

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Triveni Turbine Business Description

Traded in Other Exchanges
Address
Express Trade Towers, 8th Floor, 15-16, Sector 16A, Noida, UP, IND, 201301
Triveni Turbine Ltd is an India-based company that supplies power-generating equipment and solutions. The company offers back-pressure and condensing steam turbines, related spare parts, and aftermarket services. In addition, the company owns a partial stake in GE Triveni Limited, a joint venture cofounded by General Electric and Triveni Turbine. This joint venture offers a portfolio of steam turbine products in the global industrial power-generation market. Triveni Turbine's products are used in sectors including sugar, distillery, palm oil, independent power producers, and textiles. The company generates the majority of its sales from the Indian domestic market.

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