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Ridgefield Acquisition (Ridgefield Acquisition) Long-Term Capital Lease Obligation : $0.00 Mil (As of Dec. 2023)


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What is Ridgefield Acquisition Long-Term Capital Lease Obligation?

Ridgefield Acquisition's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil.


Ridgefield Acquisition Long-Term Capital Lease Obligation Historical Data

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

Ridgefield Acquisition Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
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Ridgefield Acquisition Quarterly Data
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Ridgefield Acquisition  (OTCPK:RDGA) 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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Ridgefield Acquisition (Ridgefield Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
3827 S Carson Street, Unit 505-25, PMB 1078, Carson, NV, USA, 89701
Ridgefield Acquisition Corp is a shell company. Its plan of operation is to arrange for a merger, acquisition, business combination or other arrangements by and between the company and a viable operating entity.
Executives
Steven N Bronson director, 10 percent owner, officer: President
Eugene Oshinsky 10 percent owner 5700 WHITE HICKORY CIRCLE, TAMARAC FL 33319
Rosa Oshinsky 10 percent owner 5700 WHITE HICKORY CIRCLE, TAMARAC FL 33319
Ram Capital Management Trust 01 10 percent owner 5700 WHITE HICKORY CIRCLE, TAMARAC FL 33319
Leonard Hagan director 650 THOMAS AVENUE, BALDWIN NY 11510
Kenneth Steven Schwartz director 26 NAVAJO ROAD, MANALAPAN NJ 07726

Ridgefield Acquisition (Ridgefield Acquisition) Headlines

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