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NIIT Learning Systems (NSE:NIITMTS) Long-Term Capital Lease Obligation : ₹247 Mil (As of Mar. 2025)


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What is NIIT Learning Systems Long-Term Capital Lease Obligation?

NIIT Learning Systems's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was ₹247 Mil.

NIIT Learning Systems's quarterly Long-Term Capital Lease Obligation declined from Sep. 2024 (₹284 Mil) to Dec. 2024 (₹0 Mil) but then increased from Dec. 2024 (₹0 Mil) to Mar. 2025 (₹247 Mil).

NIIT Learning Systems's annual Long-Term Capital Lease Obligation increased from Mar. 2023 (₹100 Mil) to Mar. 2024 (₹320 Mil) but then declined from Mar. 2024 (₹320 Mil) to Mar. 2025 (₹247 Mil).


NIIT Learning Systems Long-Term Capital Lease Obligation Historical Data

The historical data trend for NIIT Learning Systems'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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NIIT Learning Systems Long-Term Capital Lease Obligation Chart

NIIT Learning Systems Annual Data
Trend Mar23 Mar24 Mar25
Long-Term Capital Lease Obligation
99.53 319.98 246.51

NIIT Learning Systems Quarterly Data
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 319.98 - 283.56 - 246.51

NIIT Learning Systems  (NSE:NIITMTS) 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.

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NIIT Learning Systems Business Description

Traded in Other Exchanges
Address
Infocity, A-24, Sector 34, Gurugram, HR, IND, 122001
NIIT Learning Systems Ltd is engaged in providing managed training solutions which predominantly include technology-based solutions for learning and education management to improve efficiency and effectiveness to customers in the education sector in India and international markets. The company also offers a comprehensive suite of solutions including content, learning delivery, assessment, and technology for students and teachers, as well as solutions for institution administration and management. Geographically, the company derives a majority of its revenue from America, and the rest from Europe, India, and the rest of the world.

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