GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Gajanand International Ltd (NSE:GAJANAND) » Definitions » Long-Term Capital Lease Obligation

Gajanand International (NSE:GAJANAND) Long-Term Capital Lease Obligation : ₹0 Mil (As of Sep. 2024)


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

What is Gajanand International Long-Term Capital Lease Obligation?

Gajanand International's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹0 Mil.


Gajanand International Long-Term Capital Lease Obligation Historical Data

The historical data trend for Gajanand International'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.

Gajanand International Long-Term Capital Lease Obligation Chart

Gajanand International Annual Data
Trend Mar22 Mar23 Mar24
Long-Term Capital Lease Obligation
- - -

Gajanand International Semi-Annual Data
Mar22 Mar23 Sep23 Mar24 Sep24
Long-Term Capital Lease Obligation - - - - -

Gajanand International  (NSE:GAJANAND) 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.

Gajanand International Long-Term Capital Lease Obligation Related Terms

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


Gajanand International Business Description

Traded in Other Exchanges
N/A
Address
Jasdan-Atkot Road, Near Bypass Circle, Survey No. 1257/1266, Jasdan, Rajkot, GJ, IND, 360050
Gajanand International Ltd is engaged in producing contamination-free and sustainable cotton. It offers high-quality service to its consumers. Its products include MECH1 Cotton, SHANKAR6 Cotton, DCH 32, and Khol.

Gajanand International Headlines

No Headlines