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Magenta Lifecare (BOM:544188) Long-Term Capital Lease Obligation : ₹0.00 Mil (As of Sep. 2024)


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What is Magenta Lifecare Long-Term Capital Lease Obligation?

Magenta Lifecare's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹0.00 Mil.


Magenta Lifecare Long-Term Capital Lease Obligation Historical Data

The historical data trend for Magenta Lifecare'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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Magenta Lifecare Long-Term Capital Lease Obligation Chart

Magenta Lifecare Annual Data
Trend Mar21 Mar22 Mar23
Long-Term Capital Lease Obligation
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Magenta Lifecare Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Sep24
Long-Term Capital Lease Obligation - - - - -

Magenta Lifecare  (BOM:544188) 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.

Magenta Lifecare Long-Term Capital Lease Obligation Related Terms

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Magenta Lifecare Business Description

Traded in Other Exchanges
N/A
Address
N P Patel Estate, A & T Padamla, Vadodara, GJ, IND, 391350
Magenta Lifecare Ltd is a manufacturer of sales, and services of foam-based products such as mattresses and pillows which are marketed under the brand Magenta in India. It offers products such as memory foam, latex-based, bonded mattresses, pocketed springs, and pillows such as memory foam pillows, molded memory foam pillows, molded contour foam pillows, etc.

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