Embrace Change Acquisition (Embrace Change Acquisition) Long-Term Capital Lease Obligation : $0.00 Mil (As of Sep. 2023)

View and export this data going back to 2022. Start your Free Trial

What is Embrace Change Acquisition Long-Term Capital Lease Obligation?

Embrace Change Acquisition's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil.

Embrace Change Acquisition Long-Term Capital Lease Obligation Historical Data

The historical data trend for Embrace Change 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.

* Premium members only.

Embrace Change Acquisition Long-Term Capital Lease Obligation Chart

Embrace Change Acquisition Annual Data

Trend

Dec21

Dec22

Long-Term Capital Lease Obligation

Embrace Change Acquisition Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial					-	-	-	-	-

Embrace Change Acquisition (NAS:EMCG) 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.

Embrace Change Acquisition Long-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of Embrace Change Acquisition's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.

Embrace Change Acquisition (Embrace Change Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Embrace Change Acquisition Corp (NAS:EMCG) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

5186 Carroll Canyon Road, San Diego, CA, USA, 92121

Website

Embrace Change Acquisition Corp is a blank check company. It is formed for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses.

Executives

Jingyu Wang	director, officer: Chief Executive Officer	5/F, BUILDING A1, JUNHAO CENTRAL PARK PL, CHAOYANG DISTRICT, BEIJING F4 00000
Mo Zhou	director	SHUNYI DISTRICT, LONG YUAN VILLAS, UNIT 139, BEIJING F4 101319
Jiangping Xiao	director	801 W ADAMS ST, CHICAGO IL 60607
Yoann Delwarde	director, officer: Chief Executive Officer	74, BLOCK D, BEIJING FUND TOWN BUILDING, FANGSHAN DISTRICT, BEIJING F4 00000
Hang Zhou	director	10635 CALLE MAR DE MARIPOSA, APARTMENT 5314, SAN DIEGO CA 92130
Zheng Yuan	director, officer: Chief Financial Officer	74, BLOCK D, BEIJING FUND TOWN BUILDING, FANGSHAN DISTRICT, BEIJING F4 00000
Wuren Fubao Inc.	10 percent owner	74, BLOCK D, BEIJING FUND TOWN BUILDING, FANGSHAN DISTRICT, BEIJING F4 00000
Richemont Gregory De	director	74, BLOCK D, BEIJING FUND TOWN BUILDING, FANGSHAN DISTRICT, BEIJING F4 00000

Embrace Change Acquisition (Embrace Change Acquisition) Headlines

From GuruFocus

Embrace Change Acquisition Corp. Receives Nasdaq Notice Regarding Late Form 10-Q Filing

By GlobeNewswire • 12-27-2023

Embrace Change Acquisition Corp. Announces Closing of $73.9 Million Initial Public Offering

By PurpleRose PurpleRose • 08-12-2022