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PUDO (XCNQ:PDO) Long-Term Capital Lease Obligation : C$0.00 Mil (As of Aug. 2023)


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What is PUDO Long-Term Capital Lease Obligation?

PUDO's Long-Term Capital Lease Obligation for the quarter that ended in Aug. 2023 was C$0.00 Mil.


PUDO Long-Term Capital Lease Obligation Historical Data

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

PUDO Annual Data
Trend May14 May15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Long-Term Capital Lease Obligation
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PUDO Quarterly Data
Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23
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PUDO  (XCNQ:PDO) 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.

PUDO Long-Term Capital Lease Obligation Related Terms

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PUDO (XCNQ:PDO) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » PUDO Inc (XCNQ:PDO) » Definitions » Long-Term Capital Lease Obligation
Traded in Other Exchanges
Address
6600 Goreway Drive, Unit D, Mississauga, ON, CAN, L4V 1S6
PUDO Inc is engaged in the business of parcel pick-up and drop-off services. Its principal activity is providing E-commerce shipment services through collaboration with specific online retailers for delivery of their products and working with national and international courier companies to provide alternate drop-off and pickup options for packages. Geographically, it generates revenue in Canada and the USA.

PUDO (XCNQ:PDO) Headlines

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