Sona BLW Precision Forgings (NSE:SONACOMS) Long-Term Capital Lease Obligation : ₹1,692 Mil (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Sona BLW Precision Forgings Long-Term Capital Lease Obligation?

Sona BLW Precision Forgings's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹1,692 Mil.

Sona BLW Precision Forgings's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (₹901 Mil) to Dec. 2023 (₹0 Mil) but then increased from Dec. 2023 (₹0 Mil) to Mar. 2024 (₹1,692 Mil).

Sona BLW Precision Forgings's annual Long-Term Capital Lease Obligation declined from Mar. 2022 (₹696 Mil) to Mar. 2023 (₹659 Mil) but then increased from Mar. 2023 (₹659 Mil) to Mar. 2024 (₹1,692 Mil).

Sona BLW Precision Forgings Long-Term Capital Lease Obligation Historical Data

The historical data trend for Sona BLW Precision Forgings'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.

Sona BLW Precision Forgings Long-Term Capital Lease Obligation Chart

Sona BLW Precision Forgings Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

532.33

720.15

696.02

659.30

1,691.73

Sona BLW Precision Forgings Quarterly Data
	Mar19	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													659.30	-	901.04	-	1,691.73

Sona BLW Precision Forgings (NSE:SONACOMS) 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.

Sona BLW Precision Forgings Long-Term Capital Lease Obligation Related Terms

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

Sona BLW Precision Forgings (NSE:SONACOMS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Sona BLW Precision Forgings Ltd (NSE:SONACOMS) » Definitions » Long-Term Capital Lease Obligation

Traded in Other Exchanges

543300:India

Address

Sona Enclave, Sector 35, Post box No. 90, Village Begumpur Khatola, Gurugram, HR, IND, 122 004

Website

https://www.sonacomstar.com

Sona BLW Precision Forgings Ltd is an automotive technology company in India. It is primarily engaged in designing, manufacturing, and supplying of precision forged bevel gears and differential case assemblies, conventional and micro-hybrid starter motors, EV traction motors for automotive and other applications. The Company's operating business is organised and managed according to a single primary reportable business segment namely Automotive Components. Geographically, it derives a majority of revenue from Outside India.

Sona BLW Precision Forgings (NSE:SONACOMS) Headlines

No Headlines