Goyallt (NSE:GOYALSALT) Long-Term Capital Lease Obligation : ₹0 Mil (As of Mar. 2023)

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What is Goyallt Long-Term Capital Lease Obligation?

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

Goyallt Long-Term Capital Lease Obligation Historical Data

The historical data trend for Goyallt'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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Goyallt Long-Term Capital Lease Obligation Chart

Goyallt Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Long-Term Capital Lease Obligation

Goyallt Semi-Annual Data
	Mar20	Mar21	Mar22	Mar23
Long-Term Capital Lease Obligation	-	-	-	-

Goyallt (NSE:GOYALSALT) 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.

Goyallt Long-Term Capital Lease Obligation Related Terms

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Goyallt (NSE:GOYALSALT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Goyal Salt Ltd (NSE:GOYALSALT) » Definitions » Long-Term Capital Lease Obligation

Traded in Other Exchanges

N/A

Address

Plot No. 229-230, Guru Jambeshwar Nagar, Lane No. 7 Gandhi Path, Vaishali Nagar, Jaipur, RJ, IND, 302021

Website

https://www.goyalsaltltd.com

Goyal Salt Ltd is a company which is primarily engaged in the business of refining of raw salts procured from sub soil brine in the state of Rajasthan for useable as industrial salts and edible salts. It refines and supplies pure, refined and quality range of triple refined free flow iodized salt, industrial salt, double fortified salt and triple refined half dry salt.

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