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Nizhnekamskshina PJSC (MIC:NKSH) Long-Term Capital Lease Obligation : ₽0 Mil (As of Dec. 2022)


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What is Nizhnekamskshina PJSC Long-Term Capital Lease Obligation?

Nizhnekamskshina PJSC's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2022 was ₽0 Mil.


Nizhnekamskshina PJSC Long-Term Capital Lease Obligation Historical Data

The historical data trend for Nizhnekamskshina PJSC'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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Nizhnekamskshina PJSC Long-Term Capital Lease Obligation Chart

Nizhnekamskshina PJSC Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Long-Term Capital Lease Obligation
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Nizhnekamskshina PJSC Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22
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Nizhnekamskshina PJSC  (MIC:NKSH) 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.

Nizhnekamskshina PJSC Long-Term Capital Lease Obligation Related Terms

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Nizhnekamskshina PJSC (MIC:NKSH) Business Description

Traded in Other Exchanges
N/A
Address
Republic Of Tatarstan, Territory of industrial zone, Building 116, office 1., Nizhnekamsk, RUS, 423580
Nizhnekamskshina PJSC is a Russian company engaged in the manufacture of tires for passenger cars and light-duty tires in the CIS countries.

Nizhnekamskshina PJSC (MIC:NKSH) Headlines

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