Akanksha Power and Infrastructure (NSE:AKANKSHA) Long-Term Capital Lease Obligation : ₹0.0 Mil (As of Mar. 2024)

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What is Akanksha Power and Infrastructure Long-Term Capital Lease Obligation?

Akanksha Power and Infrastructure's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹0.0 Mil.

Akanksha Power and Infrastructure Long-Term Capital Lease Obligation Historical Data

The historical data trend for Akanksha Power and Infrastructure'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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Akanksha Power and Infrastructure Long-Term Capital Lease Obligation Chart

Akanksha Power and Infrastructure Annual Data

Trend

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Long-Term Capital Lease Obligation

Akanksha Power and Infrastructure Semi-Annual Data
	Mar20	Mar21	Mar22	Mar23	Mar24
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Akanksha Power and Infrastructure (NSE:AKANKSHA) 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.

Akanksha Power and Infrastructure Long-Term Capital Lease Obligation Related Terms

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Akanksha Power and Infrastructure Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Akanksha Power and Infrastructure Ltd (NSE:AKANKSHA) » Definitions » Long-Term Capital Lease Obligation

Traded in Other Exchanges

N/A

Address

Plot No. 87/4, MIDC, Satpur, Nashik, MH, IND, 422007

Website

https://www.apil.co.in

Akanksha Power and Infrastructure Ltd is engaged in the business of manufacturing of electric equipments, including electrical panels, instrument transformers, and vacuum contactors, catering to consumers from institutions, industries and electricity transmission and distribution utilities. Products of the company include APFC Panel & Key Components, Instrument Transformer, MCC, PCC, VFD Panels, Universal Measuring Instruments, DC UPS And Power Supply. Its services involve execution of electrical turnkey projects.

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