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India Glycols (NSE:INDIAGLYCO) Long-Term Capital Lease Obligation : ₹0 Mil (As of Dec. 2023)


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What is India Glycols Long-Term Capital Lease Obligation?

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

India Glycols's quarterly Long-Term Capital Lease Obligation increased from Jun. 2023 (₹0 Mil) to Sep. 2023 (₹237 Mil) but then declined from Sep. 2023 (₹237 Mil) to Dec. 2023 (₹0 Mil).

India Glycols's annual Long-Term Capital Lease Obligation declined from Mar. 2021 (₹73 Mil) to Mar. 2022 (₹0 Mil) but then increased from Mar. 2022 (₹0 Mil) to Mar. 2023 (₹144 Mil).


India Glycols Long-Term Capital Lease Obligation Historical Data

The historical data trend for India Glycols'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.

India Glycols Long-Term Capital Lease Obligation Chart

India Glycols Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 137.75 72.71 - 143.73

India Glycols Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Long-Term Capital Lease Obligation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 143.73 - 237.20 -

India Glycols  (NSE:INDIAGLYCO) 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.

India Glycols Long-Term Capital Lease Obligation Related Terms

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India Glycols (NSE:INDIAGLYCO) Business Description

Industry
Traded in Other Exchanges
Address
Plot No. 2B, Sector-126, District Gautam Budh Nagar, Noida, UP, IND, 201304
India Glycols Ltd is engaged in the manufacturing and marketing of chemicals. It offers Specialty chemicals, Ethyl Alcohol (Portable), Nutraceutical and herbal extraction, Natural Gum and its derivatives, and Industrial gases, among others. The company produces chemicals through agricultural route and manufactures ethoxylates and glycol ethers through molasses route. The demand for their products comes from the Pharmaceutical and Nutraceutical industries, Food industries, Textile industry, Automobile industry and Potable segment. The operating segments of the group are Industrial chemical; Ethyl Alcohol (Potable); and Nutraceutical, of which it derives key revenue from the Ethyl Alcohol (Potable) segment.

India Glycols (NSE:INDIAGLYCO) Headlines

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