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Cadsys (India) (NSE:CADSYS) Long-Term Capital Lease Obligation : ₹0 Mil (As of Mar. 2024)


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What is Cadsys (India) Long-Term Capital Lease Obligation?

Cadsys (India)'s Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹0 Mil.


Cadsys (India) Long-Term Capital Lease Obligation Historical Data

The historical data trend for Cadsys (India)'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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Cadsys (India) Long-Term Capital Lease Obligation Chart

Cadsys (India) Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Long-Term Capital Lease Obligation
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Cadsys (India) Semi-Annual Data
Mar13 Mar14 Mar15 Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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Cadsys (India)  (NSE:CADSYS) 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.

Cadsys (India) Long-Term Capital Lease Obligation Related Terms

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Cadsys (India) (NSE:CADSYS) Business Description

Industry
Traded in Other Exchanges
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Address
3-6-262 2nd Floor Tirumala Estates, Himayathnagar, Hyderabad, TG, IND, 500029
Cadsys (India) Ltd is a knowledge process outsourcing company, that provides knowledge solutions. It is engaged in providing IT-enabled services for geospatial, field engineering survey, software development, and engineering design in the telecom, CATV, oil and gas, electricity, and other utility domains. It earns revenue from data processing activities including report writing. The company offers a product named Concord-Pro.

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