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Melstacorp (COL:MELS.N0000) Long-Term Capital Lease Obligation : රු15,156 Mil (As of Dec. 2023)


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What is Melstacorp Long-Term Capital Lease Obligation?

Melstacorp's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was රු15,156 Mil.

Melstacorp's quarterly Long-Term Capital Lease Obligation increased from Jun. 2023 (රු15,337 Mil) to Sep. 2023 (රු15,661 Mil) but then declined from Sep. 2023 (රු15,661 Mil) to Dec. 2023 (රු15,156 Mil).

Melstacorp's annual Long-Term Capital Lease Obligation increased from Mar. 2021 (රු12,556 Mil) to Mar. 2022 (රු17,031 Mil) but then declined from Mar. 2022 (රු17,031 Mil) to Mar. 2023 (රු16,583 Mil).


Melstacorp Long-Term Capital Lease Obligation Historical Data

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

Melstacorp Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 120.74 11,031.86 12,556.31 17,031.48 16,583.19

Melstacorp Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 19,026.62 16,583.19 15,336.93 15,660.94 15,156.48

Melstacorp  (COL:MELS.N0000) 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.

Melstacorp Long-Term Capital Lease Obligation Related Terms

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Melstacorp (COL:MELS.N0000) Business Description

Traded in Other Exchanges
N/A
Address
No.110, Norris Canal Road, Colombo, LKA, 10
Melstacorp plc is a Sri Lankan company that engages in the distillation, manufacture, and distribution of liquor products. It operates through business segments: Beverages, Plantations, Telecommunication, Financial Services, and Diversified. The Beverages segments cover distillation, manufacture, and distribution of liquor products; the Plantations segment involves in cultivation and processing of tea and rubber; the Telecommunication segment engages in providing voice, data, broadband, software, and networking solutions; the Financial Services segment offers a variety of financial solutions; and the Diversified segment includes power generation, logistics, and other activities. Melstacorp owns a range of wines and spirits such as Albert Bichot French wines, Chilean wines, and others.

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