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Uniparts India (BOM:543689) Long-Term Capital Lease Obligation : ₹318 Mil (As of Mar. 2024)


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What is Uniparts India Long-Term Capital Lease Obligation?

Uniparts India's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹318 Mil.

Uniparts India's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (₹359 Mil) to Dec. 2023 (₹0 Mil) but then increased from Dec. 2023 (₹0 Mil) to Mar. 2024 (₹318 Mil).

Uniparts India's annual Long-Term Capital Lease Obligation increased from Mar. 2022 (₹234 Mil) to Mar. 2023 (₹360 Mil) but then declined from Mar. 2023 (₹360 Mil) to Mar. 2024 (₹318 Mil).


Uniparts India Long-Term Capital Lease Obligation Historical Data

The historical data trend for Uniparts 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.

Uniparts India Long-Term Capital Lease Obligation Chart

Uniparts India Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Long-Term Capital Lease Obligation
346.62 278.57 234.13 359.75 317.62

Uniparts India Quarterly Data
Mar20 Mar21 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 359.75 - 358.62 - 317.62

Uniparts India  (BOM:543689) 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.

Uniparts India Long-Term Capital Lease Obligation Related Terms

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Uniparts India (BOM:543689) Business Description

Traded in Other Exchanges
Address
A1 & A2, Phase-II, 1 st Floor, B208, Noida, UP, IND, 201 305
Uniparts India Ltd is a manufacturer of engineered systems and solutions. The company is a supplier of systems and components for the off-highway market in the agriculture and construction, forestry and mining, and aftermarket sectors with a presence across over 25 countries. The company's product portfolio includes core product verticals of three point linkage systems and precision machined parts as well as adjacent product verticals of power take-off fabrications and hydraulic cylinders or components. Uniparts is a concept-to-supply player for precision products for off-highway vehicles with a presence across the value chain. Geographically the company derives its revenue from USA, Asia Pacific, Europe, India, Japan, Rest of the world, where the majority is being generated from the USA.

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