GURUFOCUS.COM » STOCK LIST » Technology » Software » Micropro Software Solutions Ltd (NSE:MICROPRO) » Definitions » Long-Term Capital Lease Obligation

Micropro Software Solutions (NSE:MICROPRO) Long-Term Capital Lease Obligation : ₹0.0 Mil (As of Mar. 2023)


View and export this data going back to 2023. Start your Free Trial

What is Micropro Software Solutions Long-Term Capital Lease Obligation?

Micropro Software Solutions's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2023 was ₹0.0 Mil.

Micropro Software Solutions Long-Term Capital Lease Obligation Historical Data

The historical data trend for Micropro Software Solutions'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.

Micropro Software Solutions Long-Term Capital Lease Obligation Chart

Micropro Software Solutions Annual Data
Trend Mar21 Mar22 Mar23
Long-Term Capital Lease Obligation
- - -

Micropro Software Solutions Semi-Annual Data
Mar21 Mar22 Mar23
Long-Term Capital Lease Obligation - - -

Micropro Software Solutions  (NSE:MICROPRO) 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.

Micropro Software Solutions Long-Term Capital Lease Obligation Related Terms

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

Micropro Software Solutions (NSE:MICROPRO) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Micropro Software Solutions Ltd (NSE:MICROPRO) » Definitions » Long-Term Capital Lease Obligation
Comparable Companies
Traded in Other Exchanges
N/A
Address
Gayatri Nagar Road, Plot NO. 28, 102 Wing A, 7th Floor, VIPL IT Park Building, Nagpur, MH, IND, 440022
Website
https://www.microproindia.com
Micropro Software Solutions Ltd is engaged in the business of providing software development, maintenance services as well as trading of hardware and software products. The company provides consulting along with technical services and IT solutions to its clients across different industries. The services offered by the company include IT Infrastructure Management, Manpower Services, Network and Security Services among others. It also offers software products such as HospyCare, OpenSys-Logix, OpenSys MicroBooks and others.

Micropro Software Solutions (NSE:MICROPRO) Headlines

No Headlines