Lux Industries (NSE:LUXIND) Long-Term Capital Lease Obligation : ₹190 Mil (As of Mar. 2024)

View and export this data going back to 2015. Start your Free Trial

What is Lux Industries Long-Term Capital Lease Obligation?

Lux Industries's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹190 Mil.

Lux Industries's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (₹200 Mil) to Dec. 2023 (₹0 Mil) but then increased from Dec. 2023 (₹0 Mil) to Mar. 2024 (₹190 Mil).

Lux Industries's annual Long-Term Capital Lease Obligation increased from Mar. 2022 (₹169 Mil) to Mar. 2023 (₹231 Mil) but then declined from Mar. 2023 (₹231 Mil) to Mar. 2024 (₹190 Mil).

Lux Industries Long-Term Capital Lease Obligation Historical Data

The historical data trend for Lux Industries'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.

Lux Industries Long-Term Capital Lease Obligation Chart

Lux Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

130.60

107.40

169.40

230.80

189.50

Lux Industries 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															230.80	-	199.90	-	189.50

Lux Industries (NSE:LUXIND) 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.

Lux Industries Long-Term Capital Lease Obligation Related Terms

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

Lux Industries (NSE:LUXIND) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Lux Industries Ltd (NSE:LUXIND) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

539542:India

Address

P.S. Srijan Tech Park, DN - 52, Sector - V, 10th Floor, Salt Lake City, Kolkata, WB, IND, 700 091

Website

https://www.luxinnerwear.com

Lux Industries Ltd is an Indian company which is engaged in manufacturing and sales of knitwear for men, women, and children. The company's products include briefs, trunks, drawers, vests, Bermudas, t-shirts, socks, leggings, bloomer, panties, slacks and slips and winter wear. It markets its products under the brand name Lux Cozi, Lux Cozi Bigshot, Lux Venus, Lux Classic, Lux Inferno, Lux Cottswool and others. The company has one primary segment which is manufacturing and the sale of Knitwear's. Geographically, it derives a majority of its revenue from India.

Lux Industries (NSE:LUXIND) Headlines

No Headlines