IndiaMART InterMESH (BOM:542726) Long-Term Capital Lease Obligation : ₹292 Mil (As of Mar. 2024)

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What is IndiaMART InterMESH Long-Term Capital Lease Obligation?

IndiaMART InterMESH's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹292 Mil.

IndiaMART InterMESH's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (₹347 Mil) to Dec. 2023 (₹0 Mil) but then increased from Dec. 2023 (₹0 Mil) to Mar. 2024 (₹292 Mil).

IndiaMART InterMESH's annual Long-Term Capital Lease Obligation declined from Mar. 2022 (₹462 Mil) to Mar. 2023 (₹340 Mil) and declined from Mar. 2023 (₹340 Mil) to Mar. 2024 (₹292 Mil).

IndiaMART InterMESH Long-Term Capital Lease Obligation Historical Data

The historical data trend for IndiaMART InterMESH'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.

IndiaMART InterMESH Long-Term Capital Lease Obligation Chart

IndiaMART InterMESH Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Long-Term Capital Lease Obligation

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612.49

525.67

462.39

340.28

292.00

IndiaMART InterMESH 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															340.28	-	347.00	-	292.00

IndiaMART InterMESH (BOM:542726) 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.

IndiaMART InterMESH Long-Term Capital Lease Obligation Related Terms

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IndiaMART InterMESH (BOM:542726) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » IndiaMART InterMESH Ltd (BOM:542726) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

INDIAMART:India

Address

Assotech Business Cresterra, 6th Floor, Tower 2, Plot No. 22, Sector 135, Noida, UP, IND, 201305

Website

https://corporate.indiamart.com

IndiaMART InterMESH Ltd operates as an online B2B marketplace for business products and services. It serves as a platform for Small and Medium Enterprises (SMEs), Large Enterprises as well as individuals. Geographically, it derives a majority of revenue from India. It earns revenue primarily through the sale of subscription packages.

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