Focus Lighting and Fixtures (NSE:FOCUS) Long-Term Capital Lease Obligation : ₹0 Mil (As of Mar. 2023)

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What is Focus Lighting and Fixtures Long-Term Capital Lease Obligation?

Focus Lighting and Fixtures's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2023 was ₹0 Mil.

Focus Lighting and Fixtures's quarterly Long-Term Capital Lease Obligation declined from Mar. 2022 (₹37 Mil) to Sep. 2022 (₹0 Mil) but then stayed the same from Sep. 2022 (₹0 Mil) to Mar. 2023 (₹0 Mil).

Focus Lighting and Fixtures's annual Long-Term Capital Lease Obligation declined from Mar. 2021 (₹46 Mil) to Mar. 2022 (₹37 Mil) and declined from Mar. 2022 (₹37 Mil) to Mar. 2023 (₹0 Mil).

Focus Lighting and Fixtures Long-Term Capital Lease Obligation Historical Data

The historical data trend for Focus Lighting and Fixtures'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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Focus Lighting and Fixtures Long-Term Capital Lease Obligation Chart

Focus Lighting and Fixtures Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Long-Term Capital Lease Obligation

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45.71

36.96

Focus Lighting and Fixtures Semi-Annual Data
	Mar12	Mar13	Mar14	Mar15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial														45.71	-	36.96	-	-

Focus Lighting and Fixtures (NSE:FOCUS) 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.

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Focus Lighting and Fixtures (NSE:FOCUS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Focus Lighting and Fixtures Ltd (NSE:FOCUS) » Definitions » Long-Term Capital Lease Obligation

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Traded in Other Exchanges

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Address

Sonawala Road, Near Udyog Bhavan, 1007-1010, Corporate Avenue Wing A, Goregaon (East), Mumbai, MH, IND, 400063

Website

https://www.pluslighttech.com

Focus Lighting and Fixtures Ltd provide lighting fixtures. The company has two reportable segments namely trading and manufacturing activities. It generates maximum revenue from the Trading segment. The company products include cabinet lights, lighting systems, pendants, recessed, semi-recessed, surface, track, and trimless.

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