GURUFOCUS.COM » STOCK LIST » Technology » Software » Esconet Technologies Ltd (NSE:ESCONET) » Definitions » Long-Term Capital Lease Obligation

Esconet Technologies (NSE:ESCONET) Long-Term Capital Lease Obligation : ₹0.00 Mil (As of . 20)


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

What is Esconet Technologies Long-Term Capital Lease Obligation?

Esconet Technologies's Long-Term Capital Lease Obligation for the quarter that ended in . 20 was ₹0.00 Mil.


Esconet Technologies Long-Term Capital Lease Obligation Historical Data

The historical data trend for Esconet Technologies'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.

Esconet Technologies Long-Term Capital Lease Obligation Chart

Esconet Technologies Annual Data
Trend
Long-Term Capital Lease Obligation

Esconet Technologies Semi-Annual Data
Long-Term Capital Lease Obligation

Esconet Technologies  (NSE:ESCONET) 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.

Esconet Technologies Long-Term Capital Lease Obligation Related Terms

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


Esconet Technologies (NSE:ESCONET) Business Description

Industry
Comparable Companies
Traded in Other Exchanges
N/A
Address
Website
Esconet Technologies Ltd is engaged in IT requirements such as high-performance supercomputing solutions, data center facilities, encompassing storage servers, network security, virtualization, and data protection. It cater to the needs of SMEs, large enterprises, and public sector clients.

Esconet Technologies (NSE:ESCONET) Headlines

No Headlines