Popular Vehicles and Services (NSE:PVSL) Long-Term Capital Lease Obligation : ₹4,598 Mil (As of Mar. 2025)

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What is Popular Vehicles and Services Long-Term Capital Lease Obligation?

Popular Vehicles and Services's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was ₹4,598 Mil.

Popular Vehicles and Services's quarterly Long-Term Capital Lease Obligation declined from Sep. 2024 (₹4,585 Mil) to Dec. 2024 (₹0 Mil) but then increased from Dec. 2024 (₹0 Mil) to Mar. 2025 (₹4,598 Mil).

Popular Vehicles and Services's annual Long-Term Capital Lease Obligation increased from Mar. 2023 (₹3,998 Mil) to Mar. 2024 (₹4,456 Mil) and increased from Mar. 2024 (₹4,456 Mil) to Mar. 2025 (₹4,598 Mil).

Popular Vehicles and Services Long-Term Capital Lease Obligation Historical Data

The historical data trend for Popular Vehicles and Services'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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Popular Vehicles and Services Long-Term Capital Lease Obligation Chart

Popular Vehicles and Services Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Long-Term Capital Lease Obligation

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2,665.08

3,570.07

3,998.02

4,456.34

4,597.87

Popular Vehicles and Services Quarterly Data
	Mar19	Mar20	Mar21	Mar22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial								4,456.34	-	4,585.05	-	4,597.87

Popular Vehicles and Services (NSE:PVSL) 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.

Popular Vehicles and Services Long-Term Capital Lease Obligation Related Terms

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Popular Vehicles and Services Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Popular Vehicles and Services Ltd (NSE:PVSL) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

544144:India

Address

Kuttukaran Centre, Mamangalam, Cochin, Ernakulam, KL, IND, 682025

Website

https://www.popularmaruti.com

Popular Vehicles and Services Ltd is engaged in automobile dealerships in India. It caters to the complete life cycle of vehicle ownership, right from the sale of new vehicles, servicing and repairing vehicles, distributing spare parts and accessories, facilitating the sale and exchange of pre-owned vehicles, operating driving schools, and facilitating the sale of third-party financial and insurance products. The group has structured its business broadly into four verticals-Passenger cars (excluding luxury vehicles), Luxury vehicles, Commercial vehicles, and others. Others comprise spare parts retail sales - other than through the respective business segments and sale of electric vehicles - two-wheelers and three-wheelers. Key revenue is generated from the passenger cars segment.

Popular Vehicles and Services Headlines

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