Ambuja Cements (NSE:AMBUJACEM) Long-Term Capital Lease Obligation : ₹4,991 Mil (As of Mar. 2024)

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What is Ambuja Cements Long-Term Capital Lease Obligation?

Ambuja Cements's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹4,991 Mil.

Ambuja Cements's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (₹5,116 Mil) to Dec. 2023 (₹0 Mil) but then increased from Dec. 2023 (₹0 Mil) to Mar. 2024 (₹4,991 Mil).

Ambuja Cements's annual Long-Term Capital Lease Obligation declined from Dec. 2020 (₹3,806 Mil) to Dec. 2021 (₹3,625 Mil) but then increased from Dec. 2021 (₹3,625 Mil) to Mar. 2024 (₹4,991 Mil).

Ambuja Cements Long-Term Capital Lease Obligation Historical Data

The historical data trend for Ambuja Cements'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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Ambuja Cements Long-Term Capital Lease Obligation Chart

Ambuja Cements Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Mar24

Long-Term Capital Lease Obligation

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3,806.20

3,625.20

4,990.50

Ambuja Cements Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Jun23	Sep23	Dec23	Mar24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															-	-	5,116.30	-	4,990.50

Ambuja Cements (NSE:AMBUJACEM) 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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Ambuja Cements (NSE:AMBUJACEM) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Ambuja Cements Ltd (NSE:AMBUJACEM) » Definitions » Long-Term Capital Lease Obligation

Traded in Other Exchanges

500425:India

Address

MIDC Cross Road ‘B’, Off Andheri-Kurla Road, Elegant Business Park, Andheri (East), Mumbai, MH, IND, 400059

Website

https://www.ambujacement.com

Ambuja Cements Ltd manufactures and sells cement, concrete, and cement-related products to the building and construction industries. The company's portfolio of products includes Portland Pozolona cement and ordinary Portland cement. The vast majority of the firm's revenue is generated in India. Ambuja Cements has operations throughout India and uses a network of ports, bulk cement terminals, captive ships, and railroads to transport its products to both warehouses and directly to customers. The company also has a technical services team that partners with customers to teach concrete mixing and curing techniques.

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