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EQM Technologies & Energy (EQM Technologies & Energy) Long-Term Capital Lease Obligation : $0.02 Mil (As of Jun. 2014)


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What is EQM Technologies & Energy Long-Term Capital Lease Obligation?

EQM Technologies & Energy's Long-Term Capital Lease Obligation for the quarter that ended in Jun. 2014 was $0.02 Mil.

EQM Technologies & Energy's quarterly Long-Term Capital Lease Obligation declined from Dec. 2013 ($0.01 Mil) to Mar. 2014 ($0.01 Mil) but then increased from Mar. 2014 ($0.01 Mil) to Jun. 2014 ($0.02 Mil).

EQM Technologies & Energy's annual Long-Term Capital Lease Obligation declined from Dec. 2011 ($0.06 Mil) to Dec. 2012 ($0.01 Mil) but then stayed the same from Dec. 2012 ($0.01 Mil) to Dec. 2013 ($0.01 Mil).


EQM Technologies & Energy Long-Term Capital Lease Obligation Historical Data

The historical data trend for EQM Technologies & Energy'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.

EQM Technologies & Energy Long-Term Capital Lease Obligation Chart

EQM Technologies & Energy Annual Data
Trend Dec08 Dec09 Dec11 Dec12 Dec13
Long-Term Capital Lease Obligation
- - 0.06 0.01 0.01

EQM Technologies & Energy Quarterly Data
Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14
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 Premium Member Only Premium Member Only Premium Member Only 0.01 0.02 0.01 0.01 0.02

EQM Technologies & Energy  (OTCPK:EQTE) 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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EQM Technologies & Energy (EQM Technologies & Energy) Business Description

Traded in Other Exchanges
N/A
Address
1800 Carillon Boulevard, Cincinnati, OH, USA, 45240
EQM Technologies & Energy Inc is an environmental, engineering consulting and services company. The firm through its subsidiary provides environmental consulting, engineering and compliance, and remediation and construction management services. The company serves a diverse set of markets including automotive, chemical, food and beverage, pharmaceutical, and also federal sector.
Executives
Daniel Raynor 10 percent owner
Jon Colin director, officer: Interim CEO 1940 NW 67TH PLACE, SUITE A, GAINESVILLE FL 32653

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