GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Arabian Petroleum Ltd (NSE:ARABIAN) » Definitions » Long-Term Capital Lease Obligation

Arabian Petroleum (NSE:ARABIAN) Long-Term Capital Lease Obligation : ₹0 Mil (As of Mar. 2023)


View and export this data going back to 2023. Start your Free Trial

What is Arabian Petroleum Long-Term Capital Lease Obligation?

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


Arabian Petroleum Long-Term Capital Lease Obligation Historical Data

The historical data trend for Arabian Petroleum'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.

Arabian Petroleum Long-Term Capital Lease Obligation Chart

Arabian Petroleum Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23
Long-Term Capital Lease Obligation
- - - - -

Arabian Petroleum Semi-Annual Data
Mar19 Mar20 Mar21 Mar22 Mar23
Long-Term Capital Lease Obligation - - - - -

Arabian Petroleum  (NSE:ARABIAN) 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.

Arabian Petroleum Long-Term Capital Lease Obligation Related Terms

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


Arabian Petroleum (NSE:ARABIAN) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Plot 14-B, Morivali M.I.D.C, Opp. Positive Packaging, Ambernath West, Thane, MH, IND, 421505
Arabian Petroleum Ltd is a company engaged in the business of manufacturing wide range of Lubricants including Specialty Oils, Coolants etc ,used for Industrial and Automotive applications. Our business is categorized into two distinctive product division which includes Automotive Lubricants - Arzol and Industrial Lubricants - SPL.

Arabian Petroleum (NSE:ARABIAN) Headlines

No Headlines