Caesars Acquisition Co (Caesars Acquisition Co) Long-Term Capital Lease Obligation : $0.00 Mil (As of Jun. 2017)

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What is Caesars Acquisition Co Long-Term Capital Lease Obligation?

Caesars Acquisition Co's Long-Term Capital Lease Obligation for the quarter that ended in Jun. 2017 was $0.00 Mil.

Caesars Acquisition Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Caesars Acquisition 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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Caesars Acquisition Co Long-Term Capital Lease Obligation Chart

Caesars Acquisition Co Annual Data

Trend

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Long-Term Capital Lease Obligation

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Caesars Acquisition Co Quarterly Data
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Caesars Acquisition Co (NAS:CACQ) 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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Caesars Acquisition Co (Caesars Acquisition Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Caesars Acquisition Co (NAS:CACQ) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

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Address

Website

http://www.caesarsacquisitioncompany.com

Caesars Acquisition Co operates in a casino and entertainment industry. It operates through two segments namely Interactive Entertainment, and Casino Properties and Developments. The Interactive Entertainment segment offers social and mobile games comprising Slotomania, House of Fun Slots, Bingo Blitz that are played on various social and mobile third-party platforms and Casino Properties and Developments segment holds interest in Planet Hollywood and Acquired Properties which consist of hotel, food, beverage, entertainment, parking amenities, and gaming facility operations. The business of the group is functioned through the regions of North America, South America, Europe, and rest of the world. The majority of revenue is derived from the United States and Israel region.

Executives

Dhiren R. Fonseca	director	C/O NORTHWEST RETAIL PARTNERS, LTD., 224 WESTLAKE AVE N, SUITE 500, SEATTLE WA 98109
Marc A Beilinson	director	10100 SANTA MONICA BLVD STE. 1100, LOS ANGELES CA 90067
Don R Kornstein	director	DON R KORNSTEIN, 825 LAKESHORE BLVD, INCLINE VILLAGE NV 89451
Troy J Vanke	officer: Chief Accounting Officer	C/O PLAYTIKA LTD., HACHOSHLIM ST 8, HERZLIYA PITUARCH L3 4672408
Philip Robert Erlanger	director	C/O ARES MANAGEMENT LLC, 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Mitchell Alan Garber	officer: President and CEO	ONE CAESARS PALACE DRIVE, LAS VEGAS NV 89109
David Sambur	director	9 W. 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
Marc J Rowan	director	APOLLO ADVISORS LP, 1301 AVE OF THE AMERICAS, NEW YORK NY 10019
Karl Mr. Peterson	director	301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102

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