GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Kritika Wires Ltd (NSE:KRITIKA) » Definitions » Long-Term Capital Lease Obligation

Kritika Wires (NSE:KRITIKA) Long-Term Capital Lease Obligation : ₹0 Mil (As of Mar. 2024)


View and export this data going back to 2018. Start your Free Trial

What is Kritika Wires Long-Term Capital Lease Obligation?

Kritika Wires's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹0 Mil.


Kritika Wires Long-Term Capital Lease Obligation Historical Data

The historical data trend for Kritika Wires'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.

Kritika Wires Long-Term Capital Lease Obligation Chart

Kritika Wires Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Kritika Wires Semi-Annual Data
Mar14 Mar15 Mar16 Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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 - - - - -

Kritika Wires  (NSE:KRITIKA) 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.

Kritika Wires Long-Term Capital Lease Obligation Related Terms

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


Kritika Wires (NSE:KRITIKA) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Plot-BG-12, Bus Terminus and Commercial Complex, Unit no. 201, 2nd Floor, AA-I, New Town Pride Hotel Building, Opposite to NOVOTEL, Kolkata, WB, IND, 700156
Kritika Wires Ltd is engaged in the manufacturing of galvanized steel wires and wire products. The company is focused on exporting and supplying Industrial Steel. The company's products are used for the transmission and distribution of electricity, and the manufacturing of concrete slippers, poles, bridges, and other infrastructure facilities. The products of the company include Mild Steel Wire, GI Stay Wire, Spring Steel Wire, Barbed Wire, and others.

Kritika Wires (NSE:KRITIKA) Headlines

No Headlines