Salasar Techno Engineering (NSE:SALASAR) Long-Term Capital Lease Obligation : ₹13 Mil (As of Mar. 2024)

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What is Salasar Techno Engineering Long-Term Capital Lease Obligation?

Salasar Techno Engineering's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹13 Mil.

Salasar Techno Engineering's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (₹14 Mil) to Dec. 2023 (₹0 Mil) but then increased from Dec. 2023 (₹0 Mil) to Mar. 2024 (₹13 Mil).

Salasar Techno Engineering's annual Long-Term Capital Lease Obligation increased from Mar. 2022 (₹1 Mil) to Mar. 2023 (₹13 Mil) but then declined from Mar. 2023 (₹13 Mil) to Mar. 2024 (₹13 Mil).

Salasar Techno Engineering Long-Term Capital Lease Obligation Historical Data

The historical data trend for Salasar Techno Engineering'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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Salasar Techno Engineering Long-Term Capital Lease Obligation Chart

Salasar Techno Engineering Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Long-Term Capital Lease Obligation

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1.35

13.25

13.24

Salasar Techno Engineering 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															13.25	-	13.78	-	13.24

Salasar Techno Engineering (NSE:SALASAR) 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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Salasar Techno Engineering (NSE:SALASAR) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Salasar Techno Engineering Ltd (NSE:SALASAR) » Definitions » Long-Term Capital Lease Obligation

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540642:India

Address

E-20, South Extension I, New Delhi, IND, 110049

Website

https://www.salasartechno.com

Salasar Techno Engineering Ltd is engaged in the manufacturing of galvanized M.S. steel structures and related activities. It is engaged in the manufacturing and fabrication of steel structures for Telecom Towers, Transmission Towers, Utilities Poles, High Mast Poles, Stadium Lighting Poles, Flag Poles, and Smart City Poles Substations Structures, Railway Electrification (OHE), and Solar Module Mounting Structures. The Firm has two reportable segments namely, Steel structure, which derives majority of revenue and comprises manufacturing and sale of Galvanized and Non-galvanized Steel Structures including Telecom Towers, Transmission Line Towers, and Solar Panels; and EPC projects, which comprise survey, supply of materials, design, erection, testing and commissioning on a trunkey basis.

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