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Capri Global Capital (NSE:CGCL) Long-Term Capital Lease Obligation : ₹0 Mil (As of Mar. 2024)


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What is Capri Global Capital Long-Term Capital Lease Obligation?

Capri Global Capital's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹0 Mil.

Capri Global Capital's annual Long-Term Capital Lease Obligation increased from Mar. 2022 (₹248 Mil) to Mar. 2023 (₹1,929 Mil) but then declined from Mar. 2023 (₹1,929 Mil) to Mar. 2024 (₹0 Mil).


Capri Global Capital Long-Term Capital Lease Obligation Historical Data

The historical data trend for Capri Global Capital'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.

Capri Global Capital Long-Term Capital Lease Obligation Chart

Capri Global Capital Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 248.20 1,928.87 -

Capri Global Capital 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,928.87 - - - -

Capri Global Capital  (NSE:CGCL) 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.

Capri Global Capital Long-Term Capital Lease Obligation Related Terms

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Capri Global Capital (NSE:CGCL) Business Description

Traded in Other Exchanges
Address
Senapati Bapat Marg, 502, Tower A, Peninsula Business Park, Lower Parel, Mumbai, MH, IND, 400 013
Capri Global Capital Ltd provides financial services. The company is engaged in providing loans to Micro, Small and Medium Enterprises (MSMEs), providing long term finance for the construction of residential houses, retail lending, gold loan, and ancillary services. It generates maximum revenue from the interest income. Geographically, it operates only in India.

Capri Global Capital (NSE:CGCL) Headlines

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