The United Basalt Products (XMAU:UBP) Long-Term Capital Lease Obligation : MUR0 Mil (As of Mar. 2024)

View and export this data going back to . Start your Free Trial

What is The United Basalt Products Long-Term Capital Lease Obligation?

The United Basalt Products's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was MUR0 Mil.

The United Basalt Products's annual Long-Term Capital Lease Obligation increased from Jun. 2021 (MUR102 Mil) to Jun. 2022 (MUR221 Mil) and increased from Jun. 2022 (MUR221 Mil) to Jun. 2023 (MUR279 Mil).

The United Basalt Products Long-Term Capital Lease Obligation Historical Data

The historical data trend for The United Basalt Products'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.

The United Basalt Products Long-Term Capital Lease Obligation Chart

The United Basalt Products Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

29.13

88.64

102.26

221.00

279.32

The United Basalt Products Quarterly Data
	Mar19	Jun19	Sep19	Dec19	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															-	279.32	-	-	-

The United Basalt Products (XMAU:UBP) 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.

The United Basalt Products Long-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of The United Basalt Products's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.

The United Basalt Products (XMAU:UBP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » The United Basalt Products Ltd (XMAU:UBP) » Definitions » Long-Term Capital Lease Obligation

Traded in Other Exchanges

N/A

Address

Trianon, Quatre-Bornes, MUS

Website

https://www.ubp.mu

The United Basalt Products Ltd is engaged in the manufacturing and sale of building materials which consist mainly of aggregates, rock sand, and concrete blocks. Other products include precast concrete slabs, ready-to-use dry mortar, various concrete building components including paving-blocks and roof tiles, imported floor and wall tiles, sanitary ware and a complete range of home building and decorating products, fittings, tools, and garden accessories. Services rendered consist mainly of engineering works by the company's workshop and contracting services. The group's business segments consist of core business activities, Building Material and agriculture. Geographically, majority of its activity is performed in Mauritius.