Johnson Controls - Hitachi Air Conditioning India (NSE:JCHAC) Long-Term Capital Lease Obligation : ₹345 Mil (As of Mar. 2024)

View and export this data going back to 2000. Start your Free Trial

What is Johnson Controls - Hitachi Air Conditioning India Long-Term Capital Lease Obligation?

Johnson Controls - Hitachi Air Conditioning India's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹345 Mil.

Johnson Controls - Hitachi Air Conditioning India's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (₹378 Mil) to Dec. 2023 (₹0 Mil) but then increased from Dec. 2023 (₹0 Mil) to Mar. 2024 (₹345 Mil).

Johnson Controls - Hitachi Air Conditioning India's annual Long-Term Capital Lease Obligation declined from Mar. 2022 (₹423 Mil) to Mar. 2023 (₹370 Mil) and declined from Mar. 2023 (₹370 Mil) to Mar. 2024 (₹345 Mil).

Johnson Controls - Hitachi Air Conditioning India Long-Term Capital Lease Obligation Historical Data

The historical data trend for Johnson Controls - Hitachi Air Conditioning 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.

Johnson Controls - Hitachi Air Conditioning India Long-Term Capital Lease Obligation Chart

Johnson Controls - Hitachi Air Conditioning India Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

233.80

644.10

423.40

370.00

345.10

Johnson Controls - Hitachi Air Conditioning India Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															370.00	-	378.20	-	345.10

Johnson Controls - Hitachi Air Conditioning India (NSE:JCHAC) 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.

Johnson Controls - Hitachi Air Conditioning India Long-Term Capital Lease Obligation Related Terms

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

Johnson Controls - Hitachi Air Conditioning India (NSE:JCHAC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Johnson Controls - Hitachi Air Conditioning India Ltd (NSE:JCHAC) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

523398:India

Address

Hitachi Complex, Karan Nagar Kadi District, Mehsana, GJ, IND, 384 440

Website

https://www.hitachiaircon.in

Johnson Controls - Hitachi Air Conditioning India Ltd is a manufacturer and trader of home appliances. The company is headquartered in India and generates the majority of revenue domestically. The company produces air conditioners, refrigerators, air purifiers, washing machines, chillers, telecom cooling units, variable refrigerant flow systems, and centrifugal chillers. The company has a network of showrooms and service centres across India, which include dealers and franchisees, in addition to a sales network.

Johnson Controls - Hitachi Air Conditioning India (NSE:JCHAC) Headlines

No Headlines