Nepal Insurance Co (XNEP:NICL) Long-Term Capital Lease Obligation : NPR0 Mil (As of Apr. 2025)

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What is Nepal Insurance Co Long-Term Capital Lease Obligation?

Nepal Insurance Co's Long-Term Capital Lease Obligation for the quarter that ended in Apr. 2025 was NPR0 Mil.

Nepal Insurance Co's annual Long-Term Capital Lease Obligation increased from Jul. 2022 (NPR0 Mil) to Jul. 2023 (NPR59 Mil) and increased from Jul. 2023 (NPR59 Mil) to Jul. 2024 (NPR62 Mil).

Nepal Insurance Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Nepal Insurance Co'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.

Nepal Insurance Co Long-Term Capital Lease Obligation Chart

Nepal Insurance Co Annual Data

Trend

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Jul24

Long-Term Capital Lease Obligation

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58.80

61.91

Nepal Insurance Co Quarterly Data
	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24	Jan25	Apr25
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															-	61.91	-	-	-

Nepal Insurance Co (XNEP:NICL) 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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Nepal Insurance Co Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Nepal Insurance Co Ltd (XNEP:NICL) » Definitions » Long-Term Capital Lease Obligation

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Address

Ganeshthan, P.O. Box: 3623, 1st Floor, Ameer Bhawan, Kamaladi, Kathmandu, NPL

Website

https://www.nepalinsurance.com.np

Nepal Insurance Co Ltd is a non-life insurance company in Nepal. The company offers motor insurance, property insurance, home insurance, marine insurance, engineering insurance, aviation insurance, agricultural and livestock insurance, and other miscellaneous insurance.

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