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Lloyds Metals & Energy (NSE:LLOYDSME) Long-Term Capital Lease Obligation : ₹294 Mil (As of Mar. 2024)


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What is Lloyds Metals & Energy Long-Term Capital Lease Obligation?

Lloyds Metals & Energy's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹294 Mil.

Lloyds Metals & Energy's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (₹160 Mil) to Dec. 2023 (₹0 Mil) but then increased from Dec. 2023 (₹0 Mil) to Mar. 2024 (₹294 Mil).

Lloyds Metals & Energy's annual Long-Term Capital Lease Obligation increased from Mar. 2022 (₹4 Mil) to Mar. 2023 (₹22 Mil) and increased from Mar. 2023 (₹22 Mil) to Mar. 2024 (₹294 Mil).


Lloyds Metals & Energy Long-Term Capital Lease Obligation Historical Data

The historical data trend for Lloyds Metals & Energy'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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Lloyds Metals & Energy Long-Term Capital Lease Obligation Chart

Lloyds Metals & Energy 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 25.27 6.38 4.30 21.90 294.40

Lloyds Metals & Energy 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 21.90 - 160.20 - 294.40

Lloyds Metals & Energy  (NSE:LLOYDSME) 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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Lloyds Metals & Energy (NSE:LLOYDSME) Business Description

Traded in Other Exchanges
Address
Pandurang Budhkar Marg, A2, 2nd Floor, Madhu Estate, Lower Parel (West), Mumbai, MH, IND, 400013
Lloyds Metals & Energy Ltd is an Indian coal-based sponge iron producer, engaged in the manufacturing of sponge iron and steel, and generation/distribution of Power. The firm's main segment activities are Sponge Iron and Mining. The company generates most of its revenues from the sale of Mining segment.

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