GURUFOCUS.COM » STOCK LIST » Technology » Software » Synoptics Technologies Ltd (NSE:SYNOPTICS) » Definitions » Long-Term Capital Lease Obligation

Synoptics Technologies (NSE:SYNOPTICS) Long-Term Capital Lease Obligation : ₹0.0 Mil (As of Mar. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Synoptics Technologies Long-Term Capital Lease Obligation?

Synoptics Technologies's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹0.0 Mil.


Synoptics Technologies Long-Term Capital Lease Obligation Historical Data

The historical data trend for Synoptics Technologies'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.

Synoptics Technologies Long-Term Capital Lease Obligation Chart

Synoptics Technologies Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Long-Term Capital Lease Obligation
- - - - -

Synoptics Technologies Semi-Annual Data
Mar20 Mar21 Mar22 Mar23 Mar24
Long-Term Capital Lease Obligation - - - - -

Synoptics Technologies  (NSE:SYNOPTICS) 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.

Synoptics Technologies Long-Term Capital Lease Obligation Related Terms

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


Synoptics Technologies Business Description

Traded in Other Exchanges
N/A
Address
301, A-Wing, 3rd Floor, Interface 16, Mindspace, Malad (West), Mumbai, MH, IND, 400064
Synoptics Technologies Ltd is an IT Services company offering solutions in the areas of IT Infrastructure like connectivity to the Branches, Supply, implementation and support of the network equipment needed to run the IT setup like routers, switches, etc. The company designs the solution for customers who need to put their applications on Cloud. It helps with the application migration and manages the setup in the cloud. It aims to reduce the Total Cost of Ownership (TCO) and increase Return on Investment (RoI) for its customers to adopt any kind of Digital Transformation use case with its technology-led and innovation-driven approach.

Synoptics Technologies Headlines

No Headlines