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Mirza International (BOM:526642) Long-Term Capital Lease Obligation : ₹0 Mil (As of Mar. 2024)


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What is Mirza International Long-Term Capital Lease Obligation?

Mirza International's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹0 Mil.

Mirza International's annual Long-Term Capital Lease Obligation declined from Mar. 2022 (₹1,309 Mil) to Mar. 2023 (₹94 Mil) and declined from Mar. 2023 (₹94 Mil) to Mar. 2024 (₹0 Mil).


Mirza International Long-Term Capital Lease Obligation Historical Data

The historical data trend for Mirza International'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.

Mirza International Long-Term Capital Lease Obligation Chart

Mirza International 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 1,384.90 1,337.00 1,308.90 94.40 -

Mirza International Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 - 94.40 - - -

Mirza International  (BOM:526642) 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.

Mirza International Long-Term Capital Lease Obligation Related Terms

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Mirza International (BOM:526642) Business Description

Traded in Other Exchanges
Address
A-7, Mathura Road, Mohan Co-operative Industrial Estate, New Delhi, IND, 110 044
Mirza International Ltd is engaged in the manufacturing and marketing of leather footwear and finished leather. Its business segment includes the Export division and Domestic Division, where the majority is generated from Export. Geographically the company generates the majority of its revenue from the UK. Its brand includes Thomas Crick, Off the Hook London, and Oaktrak.

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