Sula Vineyards (BOM:543711) Long-Term Capital Lease Obligation : ₹183 Mil (As of Mar. 2024)

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What is Sula Vineyards Long-Term Capital Lease Obligation?

Sula Vineyards's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹183 Mil.

Sula Vineyards's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (₹121 Mil) to Dec. 2023 (₹0 Mil) but then increased from Dec. 2023 (₹0 Mil) to Mar. 2024 (₹183 Mil).

Sula Vineyards's annual Long-Term Capital Lease Obligation declined from Mar. 2022 (₹62 Mil) to Mar. 2023 (₹58 Mil) but then increased from Mar. 2023 (₹58 Mil) to Mar. 2024 (₹183 Mil).

Sula Vineyards Long-Term Capital Lease Obligation Historical Data

The historical data trend for Sula Vineyards'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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Sula Vineyards Long-Term Capital Lease Obligation Chart

Sula Vineyards Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Long-Term Capital Lease Obligation

186.86

100.06

62.43

57.90

182.50

Sula Vineyards Quarterly Data
	Mar20	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial								57.90	-	121.10	-	182.50

Sula Vineyards (BOM:543711) 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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Sula Vineyards (BOM:543711) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Sula Vineyards Ltd (BOM:543711) » Definitions » Long-Term Capital Lease Obligation

Traded in Other Exchanges

SULA:India

Address

N.S. Phadke Marg, 901, Hubtown Solaris, Andheri (East), Mumbai, MH, IND, 400 069

Website

https://www.sulavineyards.com

Sula Vineyards Ltd is a producer and seller of wine. It distributes wines under a bouquet of popular brands including RASA, Dindori, The Source, Satori, Madera, and Dia. The company's business is broadly classified under two categories namely the production of wine, the import of wines and spirits, and the distribution of wines and spirits and the sale of services from ownership and operation of wine tourism venues, including vineyard resorts and tasting rooms.

Sula Vineyards (BOM:543711) Headlines

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