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Updater Services (BOM:543996) Long-Term Capital Lease Obligation : ₹356 Mil (As of Mar. 2025)


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What is Updater Services Long-Term Capital Lease Obligation?

Updater Services's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was ₹356 Mil.

Updater Services's quarterly Long-Term Capital Lease Obligation declined from Sep. 2024 (₹410 Mil) to Dec. 2024 (₹0 Mil) but then increased from Dec. 2024 (₹0 Mil) to Mar. 2025 (₹356 Mil).

Updater Services's annual Long-Term Capital Lease Obligation increased from Mar. 2023 (₹284 Mil) to Mar. 2024 (₹325 Mil) and increased from Mar. 2024 (₹325 Mil) to Mar. 2025 (₹356 Mil).


Updater Services Long-Term Capital Lease Obligation Historical Data

The historical data trend for Updater 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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Updater Services Long-Term Capital Lease Obligation Chart

Updater Services Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial 23.19 78.68 284.23 325.23 356.45

Updater Services Quarterly Data
Mar20 Mar21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 325.23 - 409.84 - 356.45

Updater Services  (BOM:543996) 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.

Updater Services Long-Term Capital Lease Obligation Related Terms

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Updater Services Business Description

Traded in Other Exchanges
Address
No. 2/302-A, UDS Salai, Off Old Mahabalipuram Road, Thoraipakkam, Chennai, TN, IND, 600097
Updater Services Ltd is a company offering d integrated business services platform in India offering integrated facilities management (IFM) services and business support services (BSS) to our clients, with a pan-India presence. It operates in the Business-to-Business (B2B) services space offering a spectrum of business services, which are broadly classified into the two following segments which are IFM & Other Services Segment and BSS Segment.

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