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Addictive Learning Technology (NSE:LAWSIKHO) Long-Term Capital Lease Obligation : ₹0.0 Mil (As of Mar. 2023)


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What is Addictive Learning Technology Long-Term Capital Lease Obligation?

Addictive Learning Technology's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2023 was ₹0.0 Mil.

Addictive Learning Technology Long-Term Capital Lease Obligation Historical Data

The historical data trend for Addictive Learning Technology'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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Addictive Learning Technology Long-Term Capital Lease Obligation Chart

Addictive Learning Technology Annual Data
Trend Mar21 Mar22 Mar23
Long-Term Capital Lease Obligation
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Addictive Learning Technology Semi-Annual Data
Mar21 Mar22 Mar23
Long-Term Capital Lease Obligation - - -

Addictive Learning Technology  (NSE:LAWSIKHO) 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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Addictive Learning Technology (NSE:LAWSIKHO) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Addictive Learning Technology Ltd (NSE:LAWSIKHO) » Definitions » Long-Term Capital Lease Obligation
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Address
B Block Rd, B-75, B Block, Sector 63, Noida, UP, IND, 201307
Website
https://www.lawsikho.com
Addictive Learning Technology Ltd is a professional upskilling and career services ed-tech platform that caters to senior & mid-career professionals, and to young professionals as well. It offers services such as professional upskilling courses and training programs which include Law, Finance, Compliance, Human Resources, Business Consulting, Artificial Intelligence, Content Writing, and Data Science through three distinct brands LawSikho, Skill Arbitrage, and Dataisgood. The company covers subjects like U.S Intellectual Property Law, U.S Tax Law, U.S Accounting, Bookkeeping and Corporate Compliances, International Contract Drafting, International Business Law, International Labour Laws, U.S Technology Law, U.S Corporate Law, U.S Real Estate Law, etc.

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