Havells India (BOM:517354) Long-Term Capital Lease Obligation : ₹2,424 Mil (As of Mar. 2024)

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What is Havells India Long-Term Capital Lease Obligation?

Havells India's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹2,424 Mil.

Havells India's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (₹2,175 Mil) to Dec. 2023 (₹0 Mil) but then increased from Dec. 2023 (₹0 Mil) to Mar. 2024 (₹2,424 Mil).

Havells India's annual Long-Term Capital Lease Obligation increased from Mar. 2022 (₹1,788 Mil) to Mar. 2023 (₹1,869 Mil) and increased from Mar. 2023 (₹1,869 Mil) to Mar. 2024 (₹2,424 Mil).

Havells India Long-Term Capital Lease Obligation Historical Data

The historical data trend for Havells India'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.

Havells India Long-Term Capital Lease Obligation Chart

Havells India Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Long-Term Capital Lease Obligation

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897.40

1,015.10

1,788.20

1,869.10

2,424.40

Havells India 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															1,869.10	-	2,175.00	-	2,424.40

Havells India (BOM:517354) 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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Havells India (BOM:517354) Business Description

Industry

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HAVELLS:India

Address

2D, Expressway, QRG Towers, Sector 126, Noida, UP, IND, 201304

Website

https://www.havells.com

Havells India Ltd manufactures and distributes electrical equipment for consumer and industrial applications. Its product portfolio includes fans, appliances, switches, lighting, switch gears, circuit breakers, water heaters, air purifiers, flexible cables, air coolers, monoblock and submersible pumps, personal grooming products, motors, and reactive power solutions. The firm has seven manufacturing facilities, all of which are in India. A majority of the firm's revenue is generated in India.

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