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Devyani International (BOM:543330) Long-Term Capital Lease Obligation : ₹18,549 Mil (As of Mar. 2024)


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What is Devyani International Long-Term Capital Lease Obligation?

Devyani International's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹18,549 Mil.

Devyani International's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (₹14,960 Mil) to Dec. 2023 (₹0 Mil) but then increased from Dec. 2023 (₹0 Mil) to Mar. 2024 (₹18,549 Mil).

Devyani International's annual Long-Term Capital Lease Obligation increased from Mar. 2022 (₹10,305 Mil) to Mar. 2023 (₹13,874 Mil) and increased from Mar. 2023 (₹13,874 Mil) to Mar. 2024 (₹18,549 Mil).


Devyani International Long-Term Capital Lease Obligation Historical Data

The historical data trend for Devyani International'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.

Devyani International Long-Term Capital Lease Obligation Chart

Devyani International Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial 12,798.81 7,936.96 10,305.33 13,873.64 18,548.71

Devyani International Quarterly Data
Mar19 Mar20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 13,873.64 - 14,960.41 - 18,548.71

Devyani International  (BOM:543330) 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.

Devyani International Long-Term Capital Lease Obligation Related Terms

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Devyani International (BOM:543330) Business Description

Traded in Other Exchanges
Address
Plot No. 18, Sector-35, Gurugram, HR, IND, 122 004
Devyani International Ltd is a franchisee of Yum Brands in India and is among the largest operators of quick-service restaurants chain and operates around 1243 stores across 155 cities in India. Geographically, it derives a majority of its revenue from India.

Devyani International (BOM:543330) Headlines

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