GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Victoria Oil & Gas PLC (OTCPK:VCOGF) » Definitions » Long-Term Capital Lease Obligation

Victoria Oil & Gas (Victoria Oil & Gas) Long-Term Capital Lease Obligation : $0.00 Mil (As of Jun. 2021)


View and export this data going back to 2005. Start your Free Trial

What is Victoria Oil & Gas Long-Term Capital Lease Obligation?

Victoria Oil & Gas's Long-Term Capital Lease Obligation for the quarter that ended in Jun. 2021 was $0.00 Mil.


Victoria Oil & Gas Long-Term Capital Lease Obligation Historical Data

The historical data trend for Victoria Oil & Gas'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.

Victoria Oil & Gas Long-Term Capital Lease Obligation Chart

Victoria Oil & Gas Annual Data
Trend May11 May12 May13 May14 May15 Dec16 Dec17 Dec18 Dec19 Dec20
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Victoria Oil & Gas Semi-Annual Data
Nov11 May12 Nov12 May13 Nov13 May14 Nov14 May15 Nov15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21
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 - - - - -

Victoria Oil & Gas  (OTCPK:VCOGF) 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.

Victoria Oil & Gas Long-Term Capital Lease Obligation Related Terms

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


Victoria Oil & Gas (Victoria Oil & Gas) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Scott House, Suite 1 The Concourse, Waterloo Station, GBR, SE1 7LY
Victoria Oil & Gas PLC is a UK-based company that operates a fully integrated domestic natural gas production and distribution business and supplies industry in the port city of Douala, Cameroon. The principal activities of the company include exploration, production, and distribution and the sale of hydrocarbons and related activities. It focuses on the development of the Logbaba gas and condensate field to supply gas to its customers and the expansion of the gas pipeline distribution network. The company's operating segments are Cameroon, Russia & Kazakhstan, and Corporate. Most of the company's revenue is generated from Cameroon.

Victoria Oil & Gas (Victoria Oil & Gas) Headlines

No Headlines