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Bedrocan Cannabis (FRA:8BC) Long-Term Capital Lease Obligation : €0.00 Mil (As of Apr. 2015)


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What is Bedrocan Cannabis Long-Term Capital Lease Obligation?

Bedrocan Cannabis's Long-Term Capital Lease Obligation for the quarter that ended in Apr. 2015 was €0.00 Mil.

Bedrocan Cannabis's quarterly Long-Term Capital Lease Obligation increased from Oct. 2014 (€0.00 Mil) to Jan. 2015 (€1.05 Mil) but then declined from Jan. 2015 (€1.05 Mil) to Apr. 2015 (€0.00 Mil).

Bedrocan Cannabis's annual Long-Term Capital Lease Obligation stayed the same from Jan. 2013 (€0.00 Mil) to Jan. 2014 (€0.00 Mil) but then increased from Jan. 2014 (€0.00 Mil) to Jan. 2015 (€1.05 Mil).


Bedrocan Cannabis Long-Term Capital Lease Obligation Historical Data

The historical data trend for Bedrocan Cannabis'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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Bedrocan Cannabis Long-Term Capital Lease Obligation Chart

Bedrocan Cannabis Annual Data
Trend Jan13 Jan14 Jan15
Long-Term Capital Lease Obligation
- - 1.05

Bedrocan Cannabis Quarterly Data
Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15
Long-Term Capital Lease Obligation Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 1.05 -

Bedrocan Cannabis  (FRA:8BC) 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.

Bedrocan Cannabis Long-Term Capital Lease Obligation Related Terms

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Bedrocan Cannabis (FRA:8BC) Business Description

Industry
Traded in Other Exchanges
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POCML 2 Inc is a capital pool company. The Company will not carry on any business other than the identification and evaluation of assets or businesses with a view to completing a proposed Qualifying Transaction.

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