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OlaTech Solutions (BOM:543578) Long-Term Capital Lease Obligation : ₹0.0 Mil (As of Sep. 2024)


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What is OlaTech Solutions Long-Term Capital Lease Obligation?

OlaTech Solutions's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹0.0 Mil.


OlaTech Solutions Long-Term Capital Lease Obligation Historical Data

The historical data trend for OlaTech Solutions'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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OlaTech Solutions Long-Term Capital Lease Obligation Chart

OlaTech Solutions Annual Data
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OlaTech Solutions Semi-Annual Data
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OlaTech Solutions  (BOM:543578) 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.

OlaTech Solutions Long-Term Capital Lease Obligation Related Terms

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OlaTech Solutions Business Description

Industry
Traded in Other Exchanges
N/A
Address
Thane-Belapur Road, Office No. 310, 3rd Floor, Rupa Solitaire, Millennium Business Park, Mahape, Navi Mumbai, MH, IND, 400 710
OlaTech Solutions Ltd is engaged in the business of Data Centre, Enterprise, Telecom, and IT software solutions in the Operations Support System and Business Support System segment. The company's software solutions are offered under the registered trademark Epiphany. It offers software solutions such as NOC tools, network monitoring, management and analytics, system integration services, telecom tower installation, network deployment, server virtualization services, IT equipment installation and management services, data center infrastructure management solutions, and others. The company has clients across different verticals such as Telcos, ISPs, Enterprises, Data Centre Service Providers, and Public Sector.

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