GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Hopefield Ventures Two Inc (TSXV:HVII.P) » Definitions » Long-Term Capital Lease Obligation

Hopefield Ventures Two (TSXV:HVII.P) Long-Term Capital Lease Obligation : C$0.00 Mil (As of Mar. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Hopefield Ventures Two Long-Term Capital Lease Obligation?

Hopefield Ventures Two's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$0.00 Mil.

Hopefield Ventures Two Long-Term Capital Lease Obligation Historical Data

The historical data trend for Hopefield Ventures Two'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.

Hopefield Ventures Two Long-Term Capital Lease Obligation Chart

Hopefield Ventures Two Annual Data
Trend Dec22 Dec23
Long-Term Capital Lease Obligation
- -

Hopefield Ventures Two Quarterly Data
Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Long-Term Capital Lease Obligation Get a 7-Day Free Trial - - - - -

Hopefield Ventures Two  (TSXV:HVII.P) 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.

Hopefield Ventures Two Long-Term Capital Lease Obligation Related Terms

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

Hopefield Ventures Two (TSXV:HVII.P) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Hopefield Ventures Two Inc (TSXV:HVII.P) » Definitions » Long-Term Capital Lease Obligation
Comparable Companies
Traded in Other Exchanges
N/A
Address
885 West Georgia Street, 2200 HSBC Building, Vancouver, BC, CAN, V6C 3E8
Website
Hopefield Ventures Two Inc is a capital pool company.

Hopefield Ventures Two (TSXV:HVII.P) Headlines

No Headlines