Hindalco Industries (NSE:HINDALCO) Long-Term Capital Lease Obligation : ₹14,310 Mil (As of Mar. 2024)

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What is Hindalco Industries Long-Term Capital Lease Obligation?

Hindalco Industries's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹14,310 Mil.

Hindalco Industries's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (₹13,770 Mil) to Dec. 2023 (₹0 Mil) but then increased from Dec. 2023 (₹0 Mil) to Mar. 2024 (₹14,310 Mil).

Hindalco Industries's annual Long-Term Capital Lease Obligation increased from Mar. 2022 (₹9,720 Mil) to Mar. 2023 (₹14,910 Mil) but then declined from Mar. 2023 (₹14,910 Mil) to Mar. 2024 (₹14,310 Mil).

Hindalco Industries Long-Term Capital Lease Obligation Historical Data

The historical data trend for Hindalco Industries'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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Hindalco Industries Long-Term Capital Lease Obligation Chart

Hindalco Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Long-Term Capital Lease Obligation

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8,720.00

9,280.00

9,720.00

14,910.00

14,310.00

Hindalco Industries 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															14,910.00	-	13,770.00	-	14,310.00

Hindalco Industries (NSE:HINDALCO) 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.

Hindalco Industries Long-Term Capital Lease Obligation Related Terms

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Hindalco Industries (NSE:HINDALCO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Hindalco Industries Ltd (NSE:HINDALCO) » Definitions » Long-Term Capital Lease Obligation

Traded in Other Exchanges

500440:India

Address

Pandurang Budhkar Road, Birla Centurion, 6th & 7th Floor, Worli, Mumbai, MH, IND, 400030

Website

https://www.hindalco.com

Hindalco Industries Ltd extracts raw materials and produces and sells industrial metals in the below segments: Copper, Aluminum Upstream and Aluminium Downstream, Novelis, and all other Segment. The Copper segment purchases raw materials and produces continuous cast copper rods, copper cathodes, sulphuric acid, gold, and silver. The firm hedges its copper and other precious metals costs through futures contracts in an attempt to match commodity price changes between the time it purchases the raw materials and sells the finished products. The Aluminum segment mines bauxite and produces hydrate and alumina, aluminum, and aluminum-based products. The majority of Hindalco's revenue comes from India. The firm is also expanding internationally with sales and operations worldwide.

Hindalco Industries (NSE:HINDALCO) Headlines

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