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Agent Information Software (Agent Information Software) Long-Term Capital Lease Obligation : $0.00 Mil (As of Dec. 2003)


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What is Agent Information Software Long-Term Capital Lease Obligation?

Agent Information Software's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2003 was $0.00 Mil.


Agent Information Software Long-Term Capital Lease Obligation Historical Data

The historical data trend for Agent Information Software'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.

Agent Information Software Long-Term Capital Lease Obligation Chart

Agent Information Software Annual Data
Trend Dec99 Dec00 Dec01 Dec02 Dec03
Long-Term Capital Lease Obligation
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Agent Information Software Quarterly Data
Dec99 Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03
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Agent Information Software  (OTCPK:AIFS) 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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Agent Information Software (Agent Information Software) Business Description

Traded in Other Exchanges
N/A
Address
760 East Francis Street, Units C & D, Ontario, CA, USA, 91761
Agent Information Software Inc provides software products and services that create, manage, publish, and access information content through the Internet or the web. The company offers data automation solutions to customers across multiple industries. Additionally, it also renders software as a service (SaaS), database subscriptions, software maintenance, and support contract services. The Company derives its revenues from various software subscriptions, maintenance and support services, licensing and other non-recurring services.

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