AppTech Payments (AppTech Payments) Long-Term Capital Lease Obligation : $0.01 Mil (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is AppTech Payments Long-Term Capital Lease Obligation?

AppTech Payments's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.01 Mil.

AppTech Payments's quarterly Long-Term Capital Lease Obligation declined from Jun. 2023 ($0.05 Mil) to Sep. 2023 ($0.03 Mil) and declined from Sep. 2023 ($0.03 Mil) to Dec. 2023 ($0.01 Mil).

AppTech Payments's annual Long-Term Capital Lease Obligation declined from Dec. 2021 ($0.16 Mil) to Dec. 2022 ($0.10 Mil) and declined from Dec. 2022 ($0.10 Mil) to Dec. 2023 ($0.01 Mil).

AppTech Payments Long-Term Capital Lease Obligation Historical Data

The historical data trend for AppTech Payments'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.

AppTech Payments Long-Term Capital Lease Obligation Chart

AppTech Payments Annual Data

Trend

Dec12

Dec13

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

0.22

0.16

0.10

0.01

AppTech Payments Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															0.10	0.08	0.05	0.03	0.01

AppTech Payments (NAS:APCX) 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.

AppTech Payments Long-Term Capital Lease Obligation Related Terms

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

AppTech Payments (AppTech Payments) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » AppTech Payments Corp (NAS:APCX) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

5876 Owens Avenue, Suite 100, Carlsbad, CA, USA, 92008

Website

https://www.apptechcorp.com

AppTech Payments Corp is a FinTech company utilizing various payment processing and digital banking technologies to complement core merchant services capabilities. The company's patented and proprietary software will provide progressive and adaptable products that are available through a suite of synergistic offerings directly to merchants, banking institutions, and business enterprises. It is developing a secure digital payments and banking platform that powers commerce experiences for clients and customers. Based upon industry standards for payment and banking protocols, it will offer standalone products and fully integrated solutions that deliver unparalleled payments, banking, and financial services experiences.

Executives

Chad Nelley	officer: COO	5876 OWENS AVE, SUITE #100, CARLSBAD CA 92008
Benjamin D Jenkins	officer: CTO	5876 OWENS AVE., SUITE 100, CARLSBAD CA 92008
Christopher S Williams	director	5876 OWENS AVE, SUITE 100, CARLSBAD CA 92008
Michael A. O'neal	director	C/O NORTEK SECURITY & CONTROL LLC, 1950 CAMINO VIDA ROBLE, CARLSBAD CA 92008
William Huff	director	2275 RIO BONITO WAY, SUITE 210, SAN DIEGO CA 92108
Mengyin H Liang	director	124 STELLAR, IRVINE CA 92618
Marc D Evans	officer: Corporate Secretary	5876 OWENS AVE, SUITE 100, CARLSBAD CA 92008
Michael Yadgar	director	PO BOX 259, MANAMA C6 00000
Ventures Ndigital	10 percent owner	C/O INFINIOS SOLUTIONS (BAHRAIN) W.L.L., PO BOX 11970, MANAMA C6 00000
Virgil Llapitan	other: Executive Vice President	2302 ALTISMA WAY, 104, CARLSBAD CA 92009
Michael B Gross	director	5876 OWENS AVENUE, SUITE 100, CARLSBAD CA 92008
Jeffrey Moriarty	officer: Secretary	12545 PARISH ROAD, SAN DIEGO CA 92128
Gary B Wachs	director, officer: Chief Financial Officer	23500 MERCANTILE RD, SUITE A, BEACHWOOD OH 44122
Luke Damian D'angelo	director, 10 percent owner, officer: Executive Director, Chairman	2011 PALOMAR AIRPORT ROAD, SUITE 102, CARLSBAD CA 92011
Timothy J Connolly	director, 10 percent owner, officer: President and CEO	1770 ST JAMES PLACE, SUITE 116, HOUSTON TX 77056