HOAC Foods India (NSE:HOACFOODS) Long-Term Capital Lease Obligation : ₹0.0 Mil (As of Mar. 2023)

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

What is HOAC Foods India Long-Term Capital Lease Obligation?

HOAC Foods India's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2023 was ₹0.0 Mil.

HOAC Foods India Long-Term Capital Lease Obligation Historical Data

The historical data trend for HOAC Foods India'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.

HOAC Foods India Long-Term Capital Lease Obligation Chart

HOAC Foods India Annual Data

Trend

Mar21

Mar22

Mar23

Long-Term Capital Lease Obligation

HOAC Foods India Semi-Annual Data
	Mar21	Mar22	Mar23
Long-Term Capital Lease Obligation	-	-	-

HOAC Foods India (NSE:HOACFOODS) 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.

HOAC Foods India Long-Term Capital Lease Obligation Related Terms

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

HOAC Foods India Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » HOAC Foods India Ltd (NSE:HOACFOODS) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

D-498, 1st Floor Palam Extension, Sector-7 Dwarka, Raj Nagar - II, South West Delhi, New Delhi, IND, 110077

Website

https://www.hoacfoodsindia.com

HOAC Foods India Ltd is engaged in the manufacturing of flour (chakki atta), herbs & spices, unpolished pulses, grains, and yellow mustard oil. Its product portfolio is comprised of 4 categories which include products such as Spices & Herbs, Oil, Wheat Flour (Chakki Atta) & Healthy Flour, Pulses, Rice & Grain, and other food products with 153 product SKUs. The company sells its product under the brand name "HARIOM," and most of the sales are derived from the Delhi-NCR region. The franchise network comprises 4 company-owned outlets and 6 franchise-owned outlets.

HOAC Foods India Headlines

No Headlines