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Copperbelt Energy (LUS:CECZ) Long-Term Capital Lease Obligation : ZMW0.00 Mil (As of . 20)


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What is Copperbelt Energy Long-Term Capital Lease Obligation?

Copperbelt Energy's Long-Term Capital Lease Obligation for the quarter that ended in . 20 was ZMW0.00 Mil.


Copperbelt Energy Long-Term Capital Lease Obligation Historical Data

The historical data trend for Copperbelt 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.

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Copperbelt Energy Long-Term Capital Lease Obligation Chart

Copperbelt Energy Annual Data
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Long-Term Capital Lease Obligation

Copperbelt Energy Semi-Annual Data
Long-Term Capital Lease Obligation

Copperbelt Energy  (LUS:CECZ) 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.

Copperbelt Energy Long-Term Capital Lease Obligation Related Terms

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Copperbelt Energy (LUS:CECZ) Business Description

Traded in Other Exchanges
N/A
Address
3614, 23rd Avenue, P. O. Box 20819, Nkana East, Kitwe, ZMB
Copperbelt Energy Corp PLC is a Zambia-based electricity company. The company is engaged in the business of supply, transmission, distribution, and generation of electricity. The company also holds interests in telecommunications. The company's power business customers are the mining companies operating in the SAPP that access transmission services. The company builds fiber networks through a joint venture and provides wholesale bandwidth in the telecommunication business. The company generates revenue from the activities of Electricity transmission, Wheeling-domestic, and Power trading, of which key revenue is derived from the electricity transmission activity.

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