Gokaldas Exports (BOM:532630) Long-Term Capital Lease Obligation : ₹1,405 Mil (As of Mar. 2024)

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What is Gokaldas Exports Long-Term Capital Lease Obligation?

Gokaldas Exports's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹1,405 Mil.

Gokaldas Exports's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (₹803 Mil) to Dec. 2023 (₹0 Mil) but then increased from Dec. 2023 (₹0 Mil) to Mar. 2024 (₹1,405 Mil).

Gokaldas Exports's annual Long-Term Capital Lease Obligation declined from Mar. 2022 (₹1,032 Mil) to Mar. 2023 (₹868 Mil) but then increased from Mar. 2023 (₹868 Mil) to Mar. 2024 (₹1,405 Mil).

Gokaldas Exports Long-Term Capital Lease Obligation Historical Data

The historical data trend for Gokaldas Exports'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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Gokaldas Exports Long-Term Capital Lease Obligation Chart

Gokaldas Exports Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Long-Term Capital Lease Obligation

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294.60

855.52

1,031.52

867.70

1,404.84

Gokaldas Exports 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															867.70	-	802.79	-	1,404.84

Gokaldas Exports (BOM:532630) 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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Gokaldas Exports (BOM:532630) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Gokaldas Exports Ltd (BOM:532630) » Definitions » Long-Term Capital Lease Obligation

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Traded in Other Exchanges

GOKEX:India

Address

No. 25, Second Cross, Third Main, Industrial Suburb, Yeshwantpur, Bangalore, KA, IND, 560 022

Website

https://www.gokaldasexports.com

Gokaldas Exports Ltd is a manufacturer and exporter of apparel in India. Its principal business activities include the design, manufacture, and sale of a wide range of garments for men, women, and children and caters to the needs of several international fashion brands and retailers. The company mainly operates in two geographical areas - India and the rest of the world. Its principal source of revenue for the company is the export of garments and related products.

Gokaldas Exports (BOM:532630) Headlines

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