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TripBorn (TripBorn) Long-Term Capital Lease Obligation : $0.00 Mil (As of Dec. 2020)


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What is TripBorn Long-Term Capital Lease Obligation?

TripBorn's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2020 was $0.00 Mil.

TripBorn Long-Term Capital Lease Obligation Historical Data

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

TripBorn Annual Data
Trend Mar17 Mar18 Mar19 Mar20
Long-Term Capital Lease Obligation
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TripBorn Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
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 9.51 - - - -

TripBorn  (OTCPK:TRRB) 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.

TripBorn Long-Term Capital Lease Obligation Related Terms

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TripBorn (TripBorn) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » TripBorn Inc (OTCPK:TRRB) » Definitions » Long-Term Capital Lease Obligation
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Traded in Other Exchanges
N/A
Address
762 Perthshire Pl, Abingdon, MD, USA, 21009
Website
https://www.tripborn.com
TripBorn Inc is an online travel agency. The company offers travel reservations and related travel services to travel agents in India. The company operates as a B2B online travel agency that serves travel agents and travel companies based in India in booking travel services and products for their customers. Its segment includes eCommerce Aggregator and Hospitality. The company generates maximum revenue from Hospitality segment.
Executives
Maxim Partners Llc 10 percent owner C/O MAXIM GROUP LLC, 99 SUNNYSIDE BLVD., WOODBURY NY 11797
Mjr Holdings Llc 10 percent owner C/O MAXIM GROUP LLC, 99 SUNNYSIDE BLVD., WOODBURY NY 11797