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Tribhovandas Bhimji Zaveri (NSE:TBZ) Long-Term Capital Lease Obligation : ₹665 Mil (As of Mar. 2024)


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What is Tribhovandas Bhimji Zaveri Long-Term Capital Lease Obligation?

Tribhovandas Bhimji Zaveri's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹665 Mil.

Tribhovandas Bhimji Zaveri's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (₹743 Mil) to Dec. 2023 (₹0 Mil) but then increased from Dec. 2023 (₹0 Mil) to Mar. 2024 (₹665 Mil).

Tribhovandas Bhimji Zaveri's annual Long-Term Capital Lease Obligation increased from Mar. 2022 (₹607 Mil) to Mar. 2023 (₹676 Mil) but then declined from Mar. 2023 (₹676 Mil) to Mar. 2024 (₹665 Mil).


Tribhovandas Bhimji Zaveri Long-Term Capital Lease Obligation Historical Data

The historical data trend for Tribhovandas Bhimji Zaveri'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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Tribhovandas Bhimji Zaveri Long-Term Capital Lease Obligation Chart

Tribhovandas Bhimji Zaveri Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 606.15 482.85 607.04 676.26 664.89

Tribhovandas Bhimji Zaveri Quarterly Data
Jun19 Sep19 Dec19 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 676.26 - 743.11 - 664.89

Tribhovandas Bhimji Zaveri  (NSE:TBZ) 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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Tribhovandas Bhimji Zaveri (NSE:TBZ) Business Description

Traded in Other Exchanges
Address
Free Press Journal Road, 1106 to 1121, 11th Floor, West Wing, Tulsiani Chambers, 212, Backbay Reclamation, Nariman Point, Mumbai, MH, IND, 400021
Tribhovandas Bhimji Zaveri Ltd is an Indian company engaged in manufacturing/trading and selling jewellery. The company offers a range of products, including pendants, earrings, waist belts, watches, necklaces, bracelets, rings, and bangles. Its product portfolio includes plain gold, diamond-studded, semi-precious stone studded, diamond-studded platinum jewellery, jewellery with coloured stones in gold and diamond, loose diamond solitaires, loose precious and semi-precious stones, and jadau jewellery. The company provides jewellery for various occasions including wedding, festival, everyday wear, contemporary, and traditional wear. The company's business activity falls within a single primary business segment of Jewellery and one reportable geographical segment which is within India.

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