Agarwal Industrial (NSE:AGARIND) Long-Term Capital Lease Obligation : ₹82 Mil (As of Mar. 2024)

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What is Agarwal Industrial Long-Term Capital Lease Obligation?

Agarwal Industrial's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹82 Mil.

Agarwal Industrial's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (₹114 Mil) to Dec. 2023 (₹0 Mil) but then increased from Dec. 2023 (₹0 Mil) to Mar. 2024 (₹82 Mil).

Agarwal Industrial's annual Long-Term Capital Lease Obligation declined from Mar. 2022 (₹196 Mil) to Mar. 2023 (₹148 Mil) and declined from Mar. 2023 (₹148 Mil) to Mar. 2024 (₹82 Mil).

Agarwal Industrial Long-Term Capital Lease Obligation Historical Data

The historical data trend for Agarwal Industrial'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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Agarwal Industrial Long-Term Capital Lease Obligation Chart

Agarwal Industrial Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Long-Term Capital Lease Obligation

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146.59

196.33

147.71

81.83

Agarwal Industrial Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															147.71	-	113.71	-	81.83

Agarwal Industrial (NSE:AGARIND) 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.

Agarwal Industrial Long-Term Capital Lease Obligation Related Terms

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Agarwal Industrial (NSE:AGARIND) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Agarwal Industrial Corp Ltd (NSE:AGARIND) » Definitions » Long-Term Capital Lease Obligation

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Traded in Other Exchanges

531921:India

Address

S.T. Road, V.N. Purav Marg, Plot Number 12, Eastern Court, Unit No. 201-202, Chembur, Mumbai, MH, IND, 400 071

Website

https://www.aicltd.in

Agarwal Industrial Corp Ltd is engaged in the business activities of manufacturing and trading of petrochemicals, logistics of Bitumen and Liquefied Petroleum Gas (LPG) and energy generation through wind mills. The company's operating segment includes Petrochemical business; Logistics and Windmill. It generates maximum revenue from the Petrochemicals segment which includes Bituminous and Allied Products. The company's products categories include Paving Grade Bitumen; Industrial Grade Bitumen; Bitumen Emulsion for Road Construction; CRMB: Crumb Rubber Modified Bitumen; Polymer Modified bitumen (PMB); Byproducts/Waterproofing materials; and Bituminous Expansion Jointing Boards.

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