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Jahangir Siddiqui (KAR:JSCL) Long-Term Capital Lease Obligation : ₨6,730 Mil (As of Mar. 2024)


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What is Jahangir Siddiqui Long-Term Capital Lease Obligation?

Jahangir Siddiqui's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₨6,730 Mil.

Jahangir Siddiqui's quarterly Long-Term Capital Lease Obligation increased from Sep. 2023 (₨4,693 Mil) to Dec. 2023 (₨6,538 Mil) and increased from Dec. 2023 (₨6,538 Mil) to Mar. 2024 (₨6,730 Mil).

Jahangir Siddiqui's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (₨2,451 Mil) to Dec. 2022 (₨2,567 Mil) and increased from Dec. 2022 (₨2,567 Mil) to Dec. 2023 (₨6,538 Mil).


Jahangir Siddiqui Long-Term Capital Lease Obligation Historical Data

The historical data trend for Jahangir Siddiqui'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.

Jahangir Siddiqui Long-Term Capital Lease Obligation Chart

Jahangir Siddiqui Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,592.92 2,346.35 2,450.78 2,567.31 6,537.82

Jahangir Siddiqui 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 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 2,331.70 2,478.09 4,692.69 6,537.82 6,730.20

Jahangir Siddiqui  (KAR:JSCL) 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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Jahangir Siddiqui (KAR:JSCL) Business Description

Traded in Other Exchanges
N/A
Address
Abdullah Haroon Road, 20th Floor, The Centre Plot No. 28, SB-5, Saddar, Karachi, PAK, 74400
Jahangir Siddiqui & Co Ltd offers banking services. The company operates through a various business segment that is Capital Market and Brokerage, which is engaged in trading of equity securities, maintaining strategic and trading portfolios and earning share brokerage and money market, forex and commodity brokerage; Banking, which provides investment and commercial banking; Investment Advisor, which provides investment advisory and asset management services to different mutual funds and unit trusts; Energy Infrastructure and petroleum segment engaged into investment in the oil marketing sector and storage of petroleum, Liquified Petroleum gas and allied products; and Others. The Banking segment generates maximum revenue for the company.

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