Radiant Cash Management Services (BOM:543732) Long-Term Capital Lease Obligation : ₹56 Mil (As of Mar. 2024)

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What is Radiant Cash Management Services Long-Term Capital Lease Obligation?

Radiant Cash Management Services's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹56 Mil.

Radiant Cash Management Services's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (₹1 Mil) to Dec. 2023 (₹0 Mil) but then increased from Dec. 2023 (₹0 Mil) to Mar. 2024 (₹56 Mil).

Radiant Cash Management Services's annual Long-Term Capital Lease Obligation declined from Mar. 2022 (₹8 Mil) to Mar. 2023 (₹0 Mil) but then increased from Mar. 2023 (₹0 Mil) to Mar. 2024 (₹56 Mil).

Radiant Cash Management Services Long-Term Capital Lease Obligation Historical Data

The historical data trend for Radiant Cash Management Services'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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Radiant Cash Management Services Long-Term Capital Lease Obligation Chart

Radiant Cash Management Services Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Long-Term Capital Lease Obligation

0.10

17.59

7.95

56.29

Radiant Cash Management Services Quarterly Data
	Mar20	Mar21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial						-	-	1.45	-	56.29

Radiant Cash Management Services (BOM:543732) 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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Radiant Cash Management Services (BOM:543732) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Radiant Cash Management Services Ltd (BOM:543732) » Definitions » Long-Term Capital Lease Obligation

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RADIANTCMS:India

Address

No. 4/3 Raju Nagar, First Street, Old Mahabalipuram Road, Radiant Building, Okkiyam Thoraipakkam, OMR, Chennai, TN, IND, 600 009

Website

https://www.radiantcashservices.com

Radiant Cash Management Services Ltd is an integrated cash logistics player with a presence in retail cash management. The company operates its business across five verticals, namely cash pick-up and delivery; network currency management (also known as cash burial in industry parlance); cash processing; cash vans /cash in transit and other value-added services. Its clients include some of the foreign, private and public sector banks, and the end user of services include some of the e-commerce companies, retail chains, NBFCs, insurance firms, e-commerce logistics players, railways and retail petroleum distribution outlets. The company generates the majority of its revenue from Cash Pick and Delivery services.

Radiant Cash Management Services (BOM:543732) Headlines

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