Scores Holding Co (Scores Holding Co) Long-Term Capital Lease Obligation : $0.00 Mil (As of Jun. 2022)

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What is Scores Holding Co Long-Term Capital Lease Obligation?

Scores Holding Co's Long-Term Capital Lease Obligation for the quarter that ended in Jun. 2022 was $0.00 Mil.

Scores Holding Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Scores Holding Co'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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Scores Holding Co Long-Term Capital Lease Obligation Chart

Scores Holding Co Annual Data

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Long-Term Capital Lease Obligation

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Scores Holding Co Quarterly Data
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Scores Holding Co (OTCPK:SCRH) 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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Scores Holding Co (Scores Holding Co) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Scores Holding Co Inc (OTCPK:SCRH) » Definitions » Long-Term Capital Lease Obligation

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Address

34-35 Steinway Street, Long Island City, NY, USA, 10001

Website

https://www.scoresholding.com

Scores Holding Co Inc along with its subsidiaries is engaged in the business of licensing the Scores trademarks and other intellectual property to gentlemen's nightclubs with adult entertainment in the United States. It caters to high-powered investment bankers, sports figures, celebrities, and high rollers. The company generates its revenue in the form of Royalty income.

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