Bajaj Finserv (NSE:BAJAJFINSV) Long-Term Capital Lease Obligation : ₹13,338 Mil (As of Mar. 2024)

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What is Bajaj Finserv Long-Term Capital Lease Obligation?

Bajaj Finserv's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹13,338 Mil.

Bajaj Finserv's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (₹10,179 Mil) to Dec. 2023 (₹0 Mil) but then increased from Dec. 2023 (₹0 Mil) to Mar. 2024 (₹13,338 Mil).

Bajaj Finserv's annual Long-Term Capital Lease Obligation increased from Mar. 2022 (₹6,648 Mil) to Mar. 2023 (₹8,237 Mil) and increased from Mar. 2023 (₹8,237 Mil) to Mar. 2024 (₹13,338 Mil).

Bajaj Finserv Long-Term Capital Lease Obligation Historical Data

The historical data trend for Bajaj Finserv'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.

Bajaj Finserv Long-Term Capital Lease Obligation Chart

Bajaj Finserv Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Long-Term Capital Lease Obligation

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6,056.50

5,478.40

6,647.80

8,236.90

13,337.90

Bajaj Finserv 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															8,236.90	-	10,179.10	-	13,337.90

Bajaj Finserv (NSE:BAJAJFINSV) 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.

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Bajaj Finserv (NSE:BAJAJFINSV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Bajaj Finserv Ltd (NSE:BAJAJFINSV) » Definitions » Long-Term Capital Lease Obligation

Traded in Other Exchanges

532978:India

Address

Off Pune-Ahmednagar Road, 6th Floor, Bajaj Finserv Corporate Office, Viman Nagar, Pune, MH, IND, 411 014

Website

https://www.bajajfinserv.in

Bajaj Finserv Ltd is a non-banking financial services company headquartered in India that engages in lending activities. It services six lending verticals: consumer, small and midsize enterprises, commercial, rural, deposits, and partnerships and services. Bajaj's consumer and rural lending consists of funding solutions for consumer durables, such as vehicles and furniture to personal loans. The commercial lending activities consist of funding for plant and machinery assets and term loans to SMEs. Its mortgage lending activities consist of loans for residential and commercial properties and developer financing, among others. The company operates in India, with most of its revenue coming from Premium and other operating income from the insurance business.

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