Seamec (NSE:SEAMECLTD) Long-Term Capital Lease Obligation : ₹172 Mil (As of Mar. 2025)

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What is Seamec Long-Term Capital Lease Obligation?

Seamec's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was ₹172 Mil.

Seamec's quarterly Long-Term Capital Lease Obligation declined from Sep. 2024 (₹179 Mil) to Dec. 2024 (₹0 Mil) but then increased from Dec. 2024 (₹0 Mil) to Mar. 2025 (₹172 Mil).

Seamec's annual Long-Term Capital Lease Obligation increased from Mar. 2023 (₹1 Mil) to Mar. 2024 (₹186 Mil) but then declined from Mar. 2024 (₹186 Mil) to Mar. 2025 (₹172 Mil).

Seamec Long-Term Capital Lease Obligation Historical Data

The historical data trend for Seamec'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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Seamec Long-Term Capital Lease Obligation Chart

Seamec Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Long-Term Capital Lease Obligation

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41.65

16.82

1.11

185.83

172.00

Seamec 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															185.83	-	178.90	-	172.00

Seamec (NSE:SEAMECLTD) 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.

Seamec Long-Term Capital Lease Obligation Related Terms

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Seamec Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Seamec Ltd (NSE:SEAMECLTD) » Definitions » Long-Term Capital Lease Obligation

Traded in Other Exchanges

526807:India

Address

215 Atrium, Andheri Kurla Road, A 901-905, 9th Floor, Andheri (East), Mumbai, MH, IND, 400 093

Website

https://www.seamec.in

Seamec Ltd is engaged in the offshore and shipping business. It provides offshore oilfields support services through its multi-support diving vessels. Its support services include marine, construction, and diving services to offshore oilfields in India and abroad by its fleets like, SEAMEC I, which is a multi-support vessel, SEAMEC-II, and SEAMEC-III, which are multifunctional DSVs, SEAMEC PRINCESS, Seamec Gallant, and Barge Kreuz Glorious. The principal activities of the Company are Charter, Ship Management & Operation and Shipping Lines of Freight & Passengers Transportation. The company is organized in two geographical segments namely, a Domestic segment that contributes a vital part of revenue and an Overseas segment.

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