Perigee Holdings (Perigee Holdings) Long-Term Capital Lease Obligation : $0.00 Mil (As of Apr. 2017)

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What is Perigee Holdings Long-Term Capital Lease Obligation?

Perigee Holdings's Long-Term Capital Lease Obligation for the quarter that ended in Apr. 2017 was $0.00 Mil.

Perigee Holdings Long-Term Capital Lease Obligation Historical Data

The historical data trend for Perigee Holdings'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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Perigee Holdings Long-Term Capital Lease Obligation Chart

Perigee Holdings Annual Data

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Long-Term Capital Lease Obligation

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Perigee Holdings Quarterly Data
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Perigee Holdings (OTCPK:PEHD) 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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Perigee Holdings (Perigee Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Perigee Holdings Inc (OTCPK:PEHD) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

9605 W. 49th Avenue, Suite 200, Wheat Ridge, CO, USA, 80033

Website

http://www.crowdgather.com

Perigee Holdings Inc is a shell company.

Executives

Sanjay Sabnani	director, 10 percent owner, officer: CEO, President, Secretary	11150 SANTA MONICA BLVD. #1500, LOS ANGELES CA 90025
Chuck Timpe	director	11111 SANTA MONICA BLVD STE. 550, LOS ANGELES CA 90025

Perigee Holdings (Perigee Holdings) Headlines

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