Music Broadcast (BOM:540366) Long-Term Capital Lease Obligation : ₹101 Mil (As of Mar. 2024)

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What is Music Broadcast Long-Term Capital Lease Obligation?

Music Broadcast's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹101 Mil.

Music Broadcast's quarterly Long-Term Capital Lease Obligation declined from Mar. 2023 (₹90 Mil) to Dec. 2023 (₹0 Mil) but then increased from Dec. 2023 (₹0 Mil) to Mar. 2024 (₹101 Mil).

Music Broadcast's annual Long-Term Capital Lease Obligation declined from Mar. 2022 (₹135 Mil) to Mar. 2023 (₹90 Mil) but then increased from Mar. 2023 (₹90 Mil) to Mar. 2024 (₹101 Mil).

Music Broadcast Long-Term Capital Lease Obligation Historical Data

The historical data trend for Music Broadcast'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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Music Broadcast Long-Term Capital Lease Obligation Chart

Music Broadcast Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Long-Term Capital Lease Obligation

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182.88

184.56

134.55

90.35

101.31

Music Broadcast Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Dec23	Mar24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															106.13	-	90.35	-	101.31

Music Broadcast (BOM:540366) 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.

Music Broadcast Long-Term Capital Lease Obligation Related Terms

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Music Broadcast (BOM:540366) Business Description

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GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Music Broadcast Ltd (BOM:540366) » Definitions » Long-Term Capital Lease Obligation

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RADIOCITY:India

Address

Off Western Express Highway, 5th Floor, RNA Corporate Park, Kalanagar, Bandra (East), Mumbai, MH, IND, 400 051

Website

https://www.radiocity.in

Music Broadcast Ltd is engaged in the business of operating Private FM Radio Stations through the brand Radio City. The Company is engaged in the business of radio broadcasting and other related activities under the 'Radio City' brand in India.

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