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Canna Global Acquisition (Canna Global Acquisition) Long-Term Capital Lease Obligation : $0.00 Mil (As of Dec. 2023)


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What is Canna Global Acquisition Long-Term Capital Lease Obligation?

Canna Global Acquisition's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil.

Canna Global Acquisition Long-Term Capital Lease Obligation Historical Data

The historical data trend for Canna Global Acquisition'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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Canna Global Acquisition Long-Term Capital Lease Obligation Chart

Canna Global Acquisition Annual Data
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Long-Term Capital Lease Obligation
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Canna Global Acquisition Quarterly Data
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Canna Global Acquisition  (NAS:CNGL) 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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Canna Global Acquisition (Canna Global Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Canna Global Acquisition Corp (NAS:CNGL) » Definitions » Long-Term Capital Lease Obligation
Comparable Companies
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Traded in Other Exchanges
N/A
Address
4640 Admiralty Way, Suite 500, Marina Del Rey, CA, USA, 90292
Website
Canna Global Acquisition Corp is a blank check company.
Executives
Shaolin Capital Management Llc 10 percent owner 230 NW 24TH STREET, SUITE 603, MIAMI FL 33127
Peng Kong director 1180 AVENUE OF THE AMERICAS, 8TH FLOOR, NEW YORK NY 10036
Kah Yong Tham director 1, KIM SENG PROMENADE, #10-01 EAST TOWER, GREAT WORLD CITY U0 237994
George Yap director, officer: Chief Financial Officer 1, KIM SENG PROMENADE, #10-01, EAST TOWER, GREAT WORLD CITY U0 237994
Subramaniam Thavaraj director 29, TAMAN INTAN, KAJANG,SELANGOR N8 43000
Canna-global Llc 10 percent owner 4640 ADMIRALTY WAY, SUITE 500, MARINA DEL REY CA 90292
J. Gerald Combs director, officer: Chief Executive Officer 848 BRICKELL AVENUE, PENT HOUSE 5, MIAMI FL 33131
Wian Stander director 45 DORKING RD, LYNNWOOD MANOR, PRETORIA T3 0081