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Greenpanel Industries (BOM:542857) Long-Term Capital Lease Obligation : ₹217 Mil (As of Mar. 2024)


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What is Greenpanel Industries Long-Term Capital Lease Obligation?

Greenpanel Industries's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹217 Mil.

Greenpanel Industries's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (₹269 Mil) to Dec. 2023 (₹0 Mil) but then increased from Dec. 2023 (₹0 Mil) to Mar. 2024 (₹217 Mil).

Greenpanel Industries's annual Long-Term Capital Lease Obligation increased from Mar. 2022 (₹259 Mil) to Mar. 2023 (₹304 Mil) but then declined from Mar. 2023 (₹304 Mil) to Mar. 2024 (₹217 Mil).


Greenpanel Industries Long-Term Capital Lease Obligation Historical Data

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

Greenpanel Industries Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial 135.74 302.92 259.42 303.51 216.60

Greenpanel Industries Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Long-Term Capital Lease Obligation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 303.51 268.76 - 216.60

Greenpanel Industries  (BOM:542857) 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.

Greenpanel Industries Long-Term Capital Lease Obligation Related Terms

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Greenpanel Industries (BOM:542857) Business Description

Traded in Other Exchanges
Address
163, S.P. Mukherjee Road, Thapar House, 2nd Floor, Kolkata, WB, IND, 700 026
Greenpanel Industries Ltd is a manufacturer of wood panels. It offers products such as Medium Density Fibre Boards, Plywood, Block Boards, Veneers, Wood Floors, and Doors. The operating segment of the company includes Plywood and allied products and Medium density fibreboards and allied products. The company generates maximum revenue from Medium density fibreboards and allied products segment. Geographically, it derives a majority of its revenue from India.

Greenpanel Industries (BOM:542857) Headlines

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