Salem Erode Investments (BOM:540181) Long-Term Capital Lease Obligation : ₹13.12 Mil (As of Mar. 2025)

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What is Salem Erode Investments Long-Term Capital Lease Obligation?

Salem Erode Investments's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was ₹13.12 Mil.

Salem Erode Investments's quarterly Long-Term Capital Lease Obligation stayed the same from Sep. 2024 (₹15.61 Mil) to Dec. 2024 (₹15.61 Mil) but then declined from Dec. 2024 (₹15.61 Mil) to Mar. 2025 (₹13.12 Mil).

Salem Erode Investments's annual Long-Term Capital Lease Obligation increased from Mar. 2023 (₹7.20 Mil) to Mar. 2024 (₹17.22 Mil) but then declined from Mar. 2024 (₹17.22 Mil) to Mar. 2025 (₹13.12 Mil).

Salem Erode Investments Long-Term Capital Lease Obligation Historical Data

The historical data trend for Salem Erode Investments'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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Salem Erode Investments Long-Term Capital Lease Obligation Chart

Salem Erode Investments Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Long-Term Capital Lease Obligation

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2.30

2.40

7.20

17.22

13.12

Salem Erode Investments 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															17.22	17.09	15.61	15.61	13.12

Salem Erode Investments (BOM:540181) 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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Salem Erode Investments Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Salem Erode Investments Ltd (BOM:540181) » Definitions » Long-Term Capital Lease Obligation

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Address

Irinjalakuda Main Road, V. K. K. Building, Thrissur, KL, IND, 680121

Website

https://www.salemerode.com

Salem Erode Investments Ltd is engaged in the lending and investment business in India. It is a finance company that helps to secure the future financially and helps in the financial crisis. The company invests in listed and unlisted equity shares, debt instruments of companies in a wide range of industries, and mutual funds. It also lends money with or without security. The company generates revenue from interest income and dividends.

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