GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Northern Spirits Ltd (BOM:542628) » Definitions » Long-Term Capital Lease Obligation

Northern Spirits (BOM:542628) Long-Term Capital Lease Obligation : ₹0 Mil (As of Sep. 2023)


View and export this data going back to 2019. Start your Free Trial

What is Northern Spirits Long-Term Capital Lease Obligation?

Northern Spirits's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹0 Mil.


Northern Spirits Long-Term Capital Lease Obligation Historical Data

The historical data trend for Northern Spirits'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.

Northern Spirits Long-Term Capital Lease Obligation Chart

Northern Spirits Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Northern Spirits Semi-Annual Data
Mar14 Mar15 Mar16 Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 - - - - -

Northern Spirits  (BOM:542628) 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.

Northern Spirits Long-Term Capital Lease Obligation Related Terms

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


Northern Spirits (BOM:542628) Business Description

Traded in Other Exchanges
N/A
Address
5-A, Woodburn Park Road, Unit 603, 6th Floor, Woodburn Central, Kolkata, WB, IND, 700020
Northern Spirits Ltd is involved in the import and distribution of wine and spirit business. It offers Whisky, Vodka, GIN, Red and white wine, Beer, tequila, Shepherd Neame Beer, Amigos Beer, Carlo Rossi California Wines, Tomich Australian Wines, Cooper's Australian Beer, West Cork Irish Whiskey, Two Tree Gin, Reddot Wheat Beer, Aqua Riva Mexican Tequila and Organika Russian Vodka.

Northern Spirits (BOM:542628) Headlines

No Headlines