SELECT id, `name`, primary_key, `key`, treemapgroup, name_cn, zacks_table_name, compare_key, compare_display_name from gurufocu_main.financial_definition where termpagedisplay=1 and `key` = 'LongTermCapitalLeaseObligation' SALN (Salon City) Long-Term Capital Lease Obligation
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Salon City (Salon City) Long-Term Capital Lease Obligation

: $0.00 Mil (As of Sep. 2008)
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Salon City's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2008 was $0.00 Mil.

Salon City Long-Term Capital Lease Obligation Historical Data

The historical data trend for Salon City'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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Salon City Annual Data
Trend Dec06 Dec07
Long-Term Capital Lease Obligation
- -

Salon City Quarterly Data
Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08
Long-Term Capital Lease Obligation Premium Member Only Premium Member Only - - - - -

Salon City  (OTCPK:SALN) 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.

Salon City Long-Term Capital Lease Obligation Related Terms

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Salon City (Salon City) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Salon City Inc (OTCPK:SALN) » Definitions » Long-Term Capital Lease Obligation
Comparable Companies
GPIW FRLF LMDCF EDUC MNI TORSF LEE AHC YLWDF VALU OPRGF DJCO IDWM TNMRY TRNC RZSMF NEWM GCI TIME SCHL
Traded in Other Exchanges
N/A
Address
909 North Palm Avenue, Suite 311, West Hollywood, CA, USA, 90069
Website
http://www.saloncity.com
Salon City Inc is engaged in the beauty industry through its media and network. Geographically the business presence of the group are seen in United States and internationally.

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