GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Continental Seeds and Chemicals Ltd (NSE:CONTI) » Definitions » Long-Term Capital Lease Obligation

Continental Seeds and Chemicals (NSE:CONTI) Long-Term Capital Lease Obligation : ₹0.0 Mil (As of Mar. 2022)


View and export this data going back to 2018. Start your Free Trial

What is Continental Seeds and Chemicals Long-Term Capital Lease Obligation?

Continental Seeds and Chemicals's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2022 was ₹0.0 Mil.

Continental Seeds and Chemicals's quarterly Long-Term Capital Lease Obligation increased from Mar. 2020 (₹12.2 Mil) to Mar. 2021 (₹13.3 Mil) but then declined from Mar. 2021 (₹13.3 Mil) to Mar. 2022 (₹0.0 Mil).

Continental Seeds and Chemicals's annual Long-Term Capital Lease Obligation increased from Mar. 2020 (₹12.2 Mil) to Mar. 2021 (₹13.3 Mil) but then declined from Mar. 2021 (₹13.3 Mil) to Mar. 2022 (₹0.0 Mil).


Continental Seeds and Chemicals Long-Term Capital Lease Obligation Historical Data

The historical data trend for Continental Seeds and Chemicals'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.

Continental Seeds and Chemicals Long-Term Capital Lease Obligation Chart

Continental Seeds and Chemicals Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 12.17 13.30 -

Continental Seeds and Chemicals Semi-Annual Data
Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Long-Term Capital Lease Obligation Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 12.17 13.30 -

Continental Seeds and Chemicals  (NSE:CONTI) 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.

Continental Seeds and Chemicals Long-Term Capital Lease Obligation Related Terms

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


Continental Seeds and Chemicals (NSE:CONTI) Business Description

Traded in Other Exchanges
N/A
Address
Okhla Industrial Area, Pocket A, Okhla Phase I, Fourth Floor, C-67, DDA Sheds, New Delhi, IND, 110020
Continental Seeds and Chemicals Ltd is engaged in the business of developing, processing, grading and supplying of all kind of agricultural foundation and certified seeds and trading of Mentha Oil. The firm is engaged in the whole process of processing in varieties of seeds, foundation seed, and processing of the same into certified seeds.

Continental Seeds and Chemicals (NSE:CONTI) Headlines

No Headlines