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Jindalw (BOM:500378) Long-Term Capital Lease Obligation : ₹1,655 Mil (As of Mar. 2024)


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What is Jindalw Long-Term Capital Lease Obligation?

Jindalw's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹1,655 Mil.

Jindalw's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (₹2,067 Mil) to Dec. 2023 (₹0 Mil) but then increased from Dec. 2023 (₹0 Mil) to Mar. 2024 (₹1,655 Mil).

Jindalw's annual Long-Term Capital Lease Obligation declined from Mar. 2022 (₹2,221 Mil) to Mar. 2023 (₹1,673 Mil) and declined from Mar. 2023 (₹1,673 Mil) to Mar. 2024 (₹1,655 Mil).


Jindalw Long-Term Capital Lease Obligation Historical Data

The historical data trend for Jindalw'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.

Jindalw Long-Term Capital Lease Obligation Chart

Jindalw 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 2,542.81 2,315.58 2,220.79 1,673.28 1,654.96

Jindalw 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 1,673.28 - 2,067.30 - 1,654.96

Jindalw  (BOM:500378) 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.

Jindalw Long-Term Capital Lease Obligation Related Terms

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Jindalw (BOM:500378) Business Description

Industry
Traded in Other Exchanges
Address
12 Bhikaiji Cama Place, Jindal Centre, New Delhi, IND, 110066
Jindal Saw Ltd is an Indian manufacturer and supplier of iron and steel pipes, fittings, and pellets. Its products can be used in oil and gas exploration, transportation, power generation, the supply of drinking water, drainage, and irrigation, as well as other industrial applications. It operates in two segments namely Iron and steel products and Waterways Logistics. The company operations are located in India, United States, Italy, United Arab Emirates, and Algeria. Geographically, it generates the majority of the revenue from India.

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