GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Ecos (India) Mobility & Hospitality Ltd (NSE:ECOSMOBLTY) » Definitions » Long-Term Capital Lease Obligation

Ecos (India) Mobility & Hospitality (NSE:ECOSMOBLTY) Long-Term Capital Lease Obligation : ₹66 Mil (As of Mar. 2025)


View and export this data going back to 2024. Start your Free Trial

What is Ecos (India) Mobility & Hospitality Long-Term Capital Lease Obligation?

Ecos (India) Mobility & Hospitality's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was ₹66 Mil.

Ecos (India) Mobility & Hospitality's quarterly Long-Term Capital Lease Obligation declined from Sep. 2024 (₹75 Mil) to Dec. 2024 (₹0 Mil) but then increased from Dec. 2024 (₹0 Mil) to Mar. 2025 (₹66 Mil).

Ecos (India) Mobility & Hospitality's annual Long-Term Capital Lease Obligation increased from Mar. 2023 (₹45 Mil) to Mar. 2024 (₹68 Mil) but then declined from Mar. 2024 (₹68 Mil) to Mar. 2025 (₹66 Mil).


Ecos (India) Mobility & Hospitality Long-Term Capital Lease Obligation Historical Data

The historical data trend for Ecos (India) Mobility & Hospitality'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.

Ecos (India) Mobility & Hospitality Long-Term Capital Lease Obligation Chart

Ecos (India) Mobility & Hospitality Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25
Long-Term Capital Lease Obligation
7.07 3.74 44.55 67.82 66.15

Ecos (India) Mobility & Hospitality Quarterly Data
Mar21 Mar22 Mar23 Sep23 Dec23 Mar24 Sep24 Dec24 Mar25
Long-Term Capital Lease Obligation Get a 7-Day Free Trial Premium Member Only - 67.82 75.06 - 66.15

Ecos (India) Mobility & Hospitality  (NSE:ECOSMOBLTY) 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.

Ecos (India) Mobility & Hospitality Long-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of Ecos (India) Mobility & Hospitality's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.


Ecos (India) Mobility & Hospitality Business Description

Traded in Other Exchanges
Address
45, First Floor, Corner Market, Malviya Nagar, New Delhi, IND, 110017
Ecos (India) Mobility & Hospitality Ltd is engaged in the business of providing chauffeured car rentals (CCR) and employee transportation services (ETS) and has been providing these services to corporate customers, including Fortune 500 companies in India. It also provides cars on a self-drive basis in the cities of Delhi, Gurugram, Mumbai and Bengaluru. It has also provided self-drive cars outside India through vendors. The company operates a fleet of more than 9,000 economies of luxury cars, minivans, and luxury coaches. It also provides specialty vehicles such as luggage vans, limousines, vintage cars and vehicles for accessible transportation for people with disabilities.

Ecos (India) Mobility & Hospitality Headlines

No Headlines