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Navneet Education (NSE:NAVNETEDUL) Long-Term Capital Lease Obligation : ₹575 Mil (As of Mar. 2025)


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What is Navneet Education Long-Term Capital Lease Obligation?

Navneet Education's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was ₹575 Mil.

Navneet Education's quarterly Long-Term Capital Lease Obligation declined from Sep. 2024 (₹148 Mil) to Dec. 2024 (₹0 Mil) but then increased from Dec. 2024 (₹0 Mil) to Mar. 2025 (₹575 Mil).

Navneet Education's annual Long-Term Capital Lease Obligation increased from Mar. 2023 (₹4 Mil) to Mar. 2024 (₹91 Mil) and increased from Mar. 2024 (₹91 Mil) to Mar. 2025 (₹575 Mil).


Navneet Education Long-Term Capital Lease Obligation Historical Data

The historical data trend for Navneet Education'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.

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Navneet Education Long-Term Capital Lease Obligation Chart

Navneet Education Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 216.70 116.80 3.80 90.50 574.60

Navneet Education Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 90.50 - 148.30 - 574.60

Navneet Education  (NSE:NAVNETEDUL) 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.

Navneet Education Long-Term Capital Lease Obligation Related Terms

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Navneet Education Business Description

Traded in Other Exchanges
Address
Bhavani Shankar Road, Navneet Bhavan, Near Shardashram Society, Dadar (West), Mumbai, MH, IND, 400028
Navneet Education Ltd is engaged in the publication of knowledge-based information in educational and general books as well as in electronic media and manufacturing of paper and other stationery items. The company provides educational syllabus-based content in print & digital mediums, manufactures scholastic paper stationery, and publishes general and children's books, and also Scholastic Non-Paper Stationary products including various titles in the Children and General books category, which are not based on the syllabus. It markets its products under the brand names Navneet, Vikas, Gala, Grafalco, FfUuNn, and Boss. The company manages its business in segments namely Publication, Stationery, and Others. It has a business presence in India and other countries.

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