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SecUR Credentials (NSE:SECURCRED) Long-Term Capital Lease Obligation : ₹0.0 Mil (As of Dec. 2023)


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What is SecUR Credentials Long-Term Capital Lease Obligation?

SecUR Credentials's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0.0 Mil.

SecUR Credentials's quarterly Long-Term Capital Lease Obligation increased from Jun. 2023 (₹0.0 Mil) to Sep. 2023 (₹15.5 Mil) but then declined from Sep. 2023 (₹15.5 Mil) to Dec. 2023 (₹0.0 Mil).

SecUR Credentials's annual Long-Term Capital Lease Obligation stayed the same from Mar. 2021 (₹0.0 Mil) to Mar. 2022 (₹0.0 Mil) but then increased from Mar. 2022 (₹0.0 Mil) to Mar. 2023 (₹19.7 Mil).


SecUR Credentials Long-Term Capital Lease Obligation Historical Data

The historical data trend for SecUR Credentials'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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SecUR Credentials Long-Term Capital Lease Obligation Chart

SecUR Credentials Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 19.68

SecUR Credentials Quarterly Data
Mar17 Jun17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - 19.68 - 15.48 -

SecUR Credentials  (NSE:SECURCRED) 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.

SecUR Credentials Long-Term Capital Lease Obligation Related Terms

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SecUR Credentials (NSE:SECURCRED) Business Description

Traded in Other Exchanges
Address
8th Floor, A Wing, Prism Tower, Mindspace, Malad West, Mumbai, MH, IND, 400064
SecUR Credentials Ltd is an India-based company that engages in employee background verification and job seeker resume verification-SecUR number. The company does education, employment, criminal, identity, database and media, residential reference, credit checks, drug tests, and psychometric tests. It also offers employees background screening, onboarding process, exit management, and employee support services for corporates.

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