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Nishat Mills (KAR:NML) Long-Term Capital Lease Obligation : ₨1,155 Mil (As of Mar. 2025)


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What is Nishat Mills Long-Term Capital Lease Obligation?

Nishat Mills's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was ₨1,155 Mil.

Nishat Mills's quarterly Long-Term Capital Lease Obligation declined from Sep. 2024 (₨1,500 Mil) to Dec. 2024 (₨1,315 Mil) and declined from Dec. 2024 (₨1,315 Mil) to Mar. 2025 (₨1,155 Mil).

Nishat Mills's annual Long-Term Capital Lease Obligation declined from Jun. 2022 (₨1,858 Mil) to Jun. 2023 (₨1,770 Mil) and declined from Jun. 2023 (₨1,770 Mil) to Jun. 2024 (₨1,584 Mil).


Nishat Mills Long-Term Capital Lease Obligation Historical Data

The historical data trend for Nishat Mills'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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Nishat Mills Long-Term Capital Lease Obligation Chart

Nishat Mills Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,765.87 1,368.87 1,858.07 1,769.66 1,583.61

Nishat Mills Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,442.20 1,583.61 1,499.78 1,314.96 1,154.57

Nishat Mills  (KAR:NML) 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.

Nishat Mills Long-Term Capital Lease Obligation Related Terms

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Nishat Mills Business Description

Traded in Other Exchanges
N/A
Address
7, Main Gulberg, Lahore, PB, PAK, 54660
Nishat Mills Ltd is a textile manufacturing firm in Pakistan. The firm produces cotton and also owns the weaving facility in Pakistan catering to home textile and apparel fabrics. The company conducts its activities through multiple segments such as Spinning, Weaving, Dyeing, Home Textile and Terry, Garments and Power Generation, out of which the Weaving segment derives maximum revenue. Its processing facilities are specially made to handle heavyweight fabrics like twills, drills, canvases/poplins, fabrics with minimum tension such as stretch fabrics and all high-density weaves. The business also exports to Europe, the United States of America, Asia, Africa and Australia.