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Bankrate (Bankrate) Long-Term Capital Lease Obligation : $0.0 Mil (As of Jun. 2017)


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What is Bankrate Long-Term Capital Lease Obligation?

Bankrate's Long-Term Capital Lease Obligation for the quarter that ended in Jun. 2017 was $0.0 Mil.


Bankrate Long-Term Capital Lease Obligation Historical Data

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

Bankrate Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Long-Term Capital Lease Obligation
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Bankrate Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
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Bankrate  (NYSE:RATE) 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.

Bankrate Long-Term Capital Lease Obligation Related Terms

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Bankrate (Bankrate) Business Description

Traded in Other Exchanges
N/A
Address
Bankrate Inc was founded in 1976 and Bankrate, Inc. was incorporated in the State of Delaware in 2011. The Company owns and operates an Internet-based consumer banking, personal finance and senior care online network. Its flagship websites include CreditCards.com, Bankrate.com, and Caring.com which provides information on more than 300 financial and senior care products and services, including credit cards, mortgages, deposits, and other personal finance categories. Additionally, it provide financial applications and information to a network of distribution partners and through national and state publications. It has three reportable segments including Credit cards, Banking, Senior Care and other.
Executives
Steven Barnhart officer: SVP, Chief Financial Officer 1 W. ONWENTSIA ROAD, LAKE FOREST IL 60045
Richard J Pinola director BANKRATE, INC., 11760 US HIGHWAY 1 SUITE 200, NORTH PALM BEACH FL 33408
Michael Joseph Kelly director C/O EYEBLASTER, INC., 135 WEST 18TH STREET, 5TH FLOOR, NEW YORK NY 10011
John F Megrue 10 percent owner C/O APAX PARTNERS, L.P., 601 LEXINGTON AVENUE, 53RD FLOOR, NEW YORK NY 10022
Thomas R Evans director, officer: President, CEO 11760 US HIGHWAY ONE, SUITE 200, NORTH PALM BEACH FL 33408
Apax Partners Europe Managers Ltd 10 percent owner 33 JERMYN STREET, LONDON X0 SW1Y 6DN
Mitch L Truwit director C/O APAX PARTNERS, L.P., 601 LEXINGTON AVENUE, 53RD FLOOR, NEW YORK NY 10022
Christian Robert Stahl director C/O APAX PARTNERS, L.P., 601 LEXINGTON AVENUE, 53RD FLOOR, NEW YORK NY 10022

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