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Hindustan Foods (BOM:519126) Long-Term Capital Lease Obligation : ₹406 Mil (As of Mar. 2024)


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What is Hindustan Foods Long-Term Capital Lease Obligation?

Hindustan Foods's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹406 Mil.

Hindustan Foods's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (₹203 Mil) to Dec. 2023 (₹0 Mil) but then increased from Dec. 2023 (₹0 Mil) to Mar. 2024 (₹406 Mil).

Hindustan Foods's annual Long-Term Capital Lease Obligation declined from Mar. 2022 (₹226 Mil) to Mar. 2023 (₹202 Mil) but then increased from Mar. 2023 (₹202 Mil) to Mar. 2024 (₹406 Mil).


Hindustan Foods Long-Term Capital Lease Obligation Historical Data

The historical data trend for Hindustan Foods'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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Hindustan Foods Long-Term Capital Lease Obligation Chart

Hindustan Foods 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 12.04 13.87 225.55 202.44 405.87

Hindustan Foods 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 202.44 - 202.62 - 405.87

Hindustan Foods  (BOM:519126) 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.

Hindustan Foods Long-Term Capital Lease Obligation Related Terms

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Hindustan Foods (BOM:519126) Business Description

Traded in Other Exchanges
Address
15, Lal Bahadur Shastri Road, Office No. 03, Level 2, Centrium, Phoenix Market City, Kurla (West), Mumbai, MH, IND, 400 070
Hindustan Foods Ltd is an India-based company that is engaged in manufacturing nutritional food products such as cereal-based food products and a range of instant mixes, baby foods, instant porridges, breakfast cereals and health drinks. The company focuses on delivering several variants of porridge such as natural, chocolate, lite, diabetes care and ragi rich under the brand name of Bonny Mix. Its operating segment includes Contract manufacturing and other business for manufacturing and sale under its own Brand name. The company generates maximum revenue from the Contract manufacturing segment. Geographically the company generates the majority of its revenue from India.

Hindustan Foods (BOM:519126) Headlines

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