Nava (NSE:NAVA) Long-Term Capital Lease Obligation : ₹38 Mil (As of Mar. 2024)

View and export this data going back to 1996. Start your Free Trial

What is Nava Long-Term Capital Lease Obligation?

Nava's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹38 Mil.

Nava's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (₹51 Mil) to Dec. 2023 (₹0 Mil) but then increased from Dec. 2023 (₹0 Mil) to Mar. 2024 (₹38 Mil).

Nava's annual Long-Term Capital Lease Obligation increased from Mar. 2022 (₹54 Mil) to Mar. 2023 (₹57 Mil) but then declined from Mar. 2023 (₹57 Mil) to Mar. 2024 (₹38 Mil).

Nava Long-Term Capital Lease Obligation Historical Data

The historical data trend for Nava'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.

Nava Long-Term Capital Lease Obligation Chart

Nava Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

28.07

47.09

53.94

56.91

37.86

Nava 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															56.91	-	51.45	-	37.86

Nava (NSE:NAVA) 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.

Nava Long-Term Capital Lease Obligation Related Terms

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

Nava (NSE:NAVA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Nava Ltd (NSE:NAVA) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

513023:India

Address

Silicon House, Road No. 14, House No.8-2-318/1, Plot No. 78, Banjara Hills, Hyderabad, TG, IND, 500 034

Website

https://www.nbventures.com

Nava Ltd is a multinational company, operating in India, South East Asia and Africa. It is a diversified group, with businesses in Energy, Ferro alloys, Operation and maintenance, mining, agribusiness and healthcare.

Nava (NSE:NAVA) Headlines

No Headlines