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BASF India (NSE:BASF) Long-Term Capital Lease Obligation : ₹1,001 Mil (As of Mar. 2024)


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What is BASF India Long-Term Capital Lease Obligation?

BASF India's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹1,001 Mil.

BASF India's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (₹764 Mil) to Dec. 2023 (₹0 Mil) but then increased from Dec. 2023 (₹0 Mil) to Mar. 2024 (₹1,001 Mil).

BASF India's annual Long-Term Capital Lease Obligation declined from Mar. 2022 (₹747 Mil) to Mar. 2023 (₹611 Mil) but then increased from Mar. 2023 (₹611 Mil) to Mar. 2024 (₹1,001 Mil).


BASF India Long-Term Capital Lease Obligation Historical Data

The historical data trend for BASF India'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.

BASF India Long-Term Capital Lease Obligation Chart

BASF India Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,152.10 904.20 747.10 610.60 1,000.60

BASF India 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 610.60 - 764.00 - 1,000.60

BASF India  (NSE:BASF) 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.

BASF India Long-Term Capital Lease Obligation Related Terms

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BASF India (NSE:BASF) Business Description

Industry
Traded in Other Exchanges
Address
The Capital, ‘A’ Wing, 1204-C, 12th Floor, Plot No. C-70, G-Block, Bandra Kurla Complex, Bandra (East), Mumbai, MH, IND, 400051
BASF India Ltd is a subsidiary of BASF SE, and the company manufactures and sells a variety of chemicals. Its segments include the Materials segment produces raw materials for plastics and auto components as well as related consumer products. industrial solutions segment supplies chemicals for paint, stationery goods, plastic production, and mining. The agricultural solutions segment sells pesticides. The surface technologies segment sells chemicals for coatings, construction, and chemical production. The nutrition and care segment sells ingredients for personal care, cleaning, and nutrition. chemicals segment supplies intermediates for the petrochemical and pharmaceutical end markets. Other segment includes activities that are not allocated to any of the continued operating divisions.

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