GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Coal India Ltd (NSE:COALINDIA) » Definitions » Long-Term Capital Lease Obligation

Coal India (NSE:COALINDIA) Long-Term Capital Lease Obligation : ₹1,563 Mil (As of Mar. 2024)


View and export this data going back to 2010. Start your Free Trial

What is Coal India Long-Term Capital Lease Obligation?

Coal India's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹1,563 Mil.

Coal India's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (₹1,575 Mil) to Dec. 2023 (₹0 Mil) but then increased from Dec. 2023 (₹0 Mil) to Mar. 2024 (₹1,563 Mil).

Coal India's annual Long-Term Capital Lease Obligation declined from Mar. 2022 (₹1,597 Mil) to Mar. 2023 (₹1,570 Mil) and declined from Mar. 2023 (₹1,570 Mil) to Mar. 2024 (₹1,563 Mil).


Coal India Long-Term Capital Lease Obligation Historical Data

The historical data trend for Coal 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.

Coal India Long-Term Capital Lease Obligation Chart

Coal 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 - 11.10 1,596.60 1,570.00 1,562.90

Coal 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 1,570.00 - 1,575.00 - 1,562.90

Coal India  (NSE:COALINDIA) 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.

Coal India Long-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of Coal India's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.


Coal India (NSE:COALINDIA) Business Description

Industry
Traded in Other Exchanges
Address
Coal Bhawan, Premises No-04 MAR, Plot No-AF-III, Action Area-1A, 3rd Floor, Core-2, New Town, Rajarhat, Kolkata, WB, IND, 700156
Coal India Ltd is a state-owned coal mining company, which was formed when the government took over many private coal mines. As one of the largest coal producers in the world, Coal India is responsible for the vast majority of India's coal production. The company operates across numerous mining areas spread over various provincial states of India, and one mine planning and consultancy company. The Company is primarily engaged in a single segment business of production and sale of Coal. Coal India has hundreds of mines, the bulk of which are underground, closely trailed by open-pit, while also operating multiple coking coal washeries.

Coal India (NSE:COALINDIA) Headlines

No Headlines