Manali Petrochemicals (NSE:MANALIPETC) Long-Term Capital Lease Obligation : ₹748 Mil (As of Mar. 2024)

View and export this data going back to 2006. Start your Free Trial

What is Manali Petrochemicals Long-Term Capital Lease Obligation?

Manali Petrochemicals's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹748 Mil.

Manali Petrochemicals's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (₹666 Mil) to Dec. 2023 (₹0 Mil) but then increased from Dec. 2023 (₹0 Mil) to Mar. 2024 (₹748 Mil).

Manali Petrochemicals's annual Long-Term Capital Lease Obligation increased from Mar. 2022 (₹648 Mil) to Mar. 2023 (₹731 Mil) and increased from Mar. 2023 (₹731 Mil) to Mar. 2024 (₹748 Mil).

Manali Petrochemicals Long-Term Capital Lease Obligation Historical Data

The historical data trend for Manali Petrochemicals'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.

Manali Petrochemicals Long-Term Capital Lease Obligation Chart

Manali Petrochemicals Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

347.13

318.70

648.30

730.50

747.90

Manali Petrochemicals 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															730.50	-	665.80	-	747.90

Manali Petrochemicals (NSE:MANALIPETC) 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.

Manali Petrochemicals Long-Term Capital Lease Obligation Related Terms

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

Manali Petrochemicals (NSE:MANALIPETC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Manali Petrochemicals Ltd (NSE:MANALIPETC) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

500268:India

Address

88 Mount Road, SPIC House, Guindy, Chennai, TN, IND, 600032

Website

https://www.manalipetro.com

Manali Petrochemicals Ltd operates in the chemical industry. The company is engaged in the manufacture and sale of Propylene Oxide (PO), Propylene Glycol (PG), and Polyols (PY). It serves various industries such as appliances, automotive, bedding, food and fragrances, furniture, footwear, paints and coatings, and pharmaceuticals. The company's only operating segment includes the manufacture and sale of petrochemical products. Geographically, it operates only in India.

Manali Petrochemicals (NSE:MANALIPETC) Headlines

No Headlines