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Asciano (Asciano) Long-Term Capital Lease Obligation : $0 Mil (As of Jun. 2016)


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What is Asciano Long-Term Capital Lease Obligation?

Asciano's Long-Term Capital Lease Obligation for the quarter that ended in Jun. 2016 was $0 Mil.

Asciano's quarterly Long-Term Capital Lease Obligation declined from Jun. 2015 ($1 Mil) to Dec. 2015 ($0 Mil) but then increased from Dec. 2015 ($0 Mil) to Jun. 2016 ($0 Mil).

Asciano's annual Long-Term Capital Lease Obligation declined from Jun. 2014 ($1 Mil) to Jun. 2015 ($1 Mil) and declined from Jun. 2015 ($1 Mil) to Jun. 2016 ($0 Mil).


Asciano Long-Term Capital Lease Obligation Historical Data

The historical data trend for Asciano'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.

Asciano Long-Term Capital Lease Obligation Chart

Asciano Annual Data
Trend Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial - 2.08 1.12 0.54 0.07

Asciano Semi-Annual Data
Dec07 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16
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 1.12 - 0.54 - 0.07

Asciano  (OTCPK:AANOF) 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.

Asciano Long-Term Capital Lease Obligation Related Terms

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Asciano (Asciano) Business Description

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Asciano Ltd is incorporated in Australia. The Company is engaged in development, operation and maintenance of toll roads. It operates in various divisions namely Pacific National Coal, Pacific National Rail, Terminals & Logistics, and Bulk & Automotive Port Services. The Pacific National Coal provides thermal coal haulage for use in power generation; and coking coal haulage for steelmaking. The Pacific National Rail segment offers intermodal rail and bulk haulage rail services, such as interstate rail freight services to the retail, manufacturing, mining, grain, construction materials, and steel making sectors. The Terminals & Logistics segment provides container services, which include lifting containers on and off ships, as well as facilitating the movement of containers on and off road and or rail. The Bulk & Automotive Port Services segment provides automotive stevedoring, vehicle processing, transport and storage, bulk and general stevedoring, port related, and infrastructure management services for bulk and general cargo. The Company is subject to environmental regulations under Australian Commonwealth and State laws and certain applicable laws in the USA.

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