GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Aeron Composite Ltd (NSE:AERON) » Definitions » Long-Term Capital Lease Obligation

Aeron Composite (NSE:AERON) Long-Term Capital Lease Obligation : ₹0 Mil (As of Mar. 2023)


View and export this data going back to 2024. Start your Free Trial

What is Aeron Composite Long-Term Capital Lease Obligation?

Aeron Composite's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2023 was ₹0 Mil.


Aeron Composite Long-Term Capital Lease Obligation Historical Data

The historical data trend for Aeron Composite'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.

* Premium members only.

Aeron Composite Long-Term Capital Lease Obligation Chart

Aeron Composite Annual Data
Trend Mar21 Mar22 Mar23
Long-Term Capital Lease Obligation
- - -

Aeron Composite Semi-Annual Data
Mar21 Mar22 Mar23
Long-Term Capital Lease Obligation - - -

Aeron Composite  (NSE:AERON) 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.

Aeron Composite Long-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of Aeron Composite's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.


Aeron Composite Business Description

Industry
Traded in Other Exchanges
N/A
Address
Sarkhej Bavla Highway, Saket Industrial Estate, Plot No. 30/31, Opposite HOF Furniture, Changodar, Moraiya, GJ, IND, 382213
Aeron Composite Ltd is engaged in the business of manufacturing and supplying ceramic refractories, FRP/GRP composites, ceramic tiles, waterjet and laser cutting machines, paints, and lime. It offers complete solutions which include conceptual design, prototype development, testing, manufacturing, logistic support, installation, and comprehensive after sales service. The company's products are used in various markets and applications such as water and waste water, metals and mining, oil and gas, pulp and paper, transportation, telecommunications, pharmaceutical, chemical, etc. Geographically, it caters to both the domestic and the international markets of which, maximum revenue is derived from its customers located outside India.

Aeron Composite Headlines

No Headlines