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Dividend 15 Split II (Dividend 15 Split II) Long-Term Capital Lease Obligation : $0.00 Mil (As of Nov. 2022)


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What is Dividend 15 Split II Long-Term Capital Lease Obligation?

Dividend 15 Split II's Long-Term Capital Lease Obligation for the quarter that ended in Nov. 2022 was $0.00 Mil.


Dividend 15 Split II Long-Term Capital Lease Obligation Historical Data

The historical data trend for Dividend 15 Split II'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.

Dividend 15 Split II Long-Term Capital Lease Obligation Chart

Dividend 15 Split II Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Long-Term Capital Lease Obligation
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Dividend 15 Split II Semi-Annual Data
Nov13 May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 Nov23
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Dividend 15 Split II  (OTCPK:DVDDF) 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.

Dividend 15 Split II Long-Term Capital Lease Obligation Related Terms

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Dividend 15 Split II (Dividend 15 Split II) Business Description

Traded in Other Exchanges
Address
200 Front Street West, Suite 2510, P.O Box 51, Toronto, ON, CAN, M5V 3K2
Dividend 15 Split Corp II is a Canadian-based mutual fund corporation. The company invests in an actively managed portfolio of common shares comprised of large-capitalization dividend-yielding Canadian companies. Its investment objective for preferred shareholders is to provide fixed, cumulative, preferential quarterly cash distributions and to return the original issue price at maturity, and for class A shares holders are to provide monthly cash distributions and the opportunity for growth in Net Asset Value per share.

Dividend 15 Split II (Dividend 15 Split II) Headlines

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