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RM2 International's Long-Term Capital Lease Obligation for the quarter that ended in Jun. 2020 was $11.67 Mil.
RM2 International's quarterly Long-Term Capital Lease Obligation increased from Mar. 2019 ($1.36 Mil) to Jun. 2019 ($1.39 Mil) and increased from Jun. 2019 ($1.39 Mil) to Jun. 2020 ($11.67 Mil).
RM2 International's annual Long-Term Capital Lease Obligation increased from Jun. 2018 ($0.62 Mil) to Jun. 2019 ($1.39 Mil) and increased from Jun. 2019 ($1.39 Mil) to Jun. 2020 ($11.67 Mil).
The historical data trend for RM2 International'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.
RM2 International Annual Data | |||||||||||||||||||||
Trend | Dec10 | Dec11 | Jun13 | Jun14 | Jun15 | Jun16 | Jun17 | Jun18 | Jun19 | Jun20 | |||||||||||
Long-Term Capital Lease Obligation | Get a 7-Day Free Trial | 1.93 | 1.89 | 0.62 | 1.39 | 11.67 |
RM2 International Quarterly Data | ||||||||||||||||||||
Dec14 | Mar15 | Jun15 | Sep15 | Dec15 | Mar16 | Jun16 | Sep16 | Dec16 | Mar17 | Jun17 | Sep17 | Dec17 | Mar18 | Jun18 | Sep18 | Dec18 | Mar19 | Jun19 | Jun20 | |
Long-Term Capital Lease Obligation | Get a 7-Day Free Trial | 1.49 | 1.27 | 1.36 | 1.39 | 11.67 |
RM2 International (OTCPK:RMTO) 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;Thank you for viewing the detailed overview of RM2 International's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.
Brian Knaley | other: Former Officer | C/O ARC GROUP WORLDWIDE, INC., 810 FLIGHTLINE BLVD., DELAND FL 32724 |
Everest Hill Group Inc. | 10 percent owner | TROPIC ISLE BUILDING, P O BOX 3331, ROAD TOWN TORTOLA D8 VG 1110 |
Alan G Quasha | director | 127 EAST 73RD STREET, NEW YORK NY 10021 |
Theodore Deinard | other: Former Interim CEO, CFO, & Dir | C/O ARC WIRELESS SOLUTIONS, INC., 6330 NORTH WASHINGTON ST., SUITE 13, DENVER CO 80216 |
Javier Baz | director | 1100 HUMBOLDT STREET, DENVER CO 80218 |
Robert E Wade | director | C/O FRANKLIN RESOURCES INC, ONE FRANKLIN PARKWAY, SAN MATEO CA 94403 |
Randall P Marx | director, officer: CEO, President & Secretary | |
Monty R Lamirato | officer: CFO |
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