Zimplow Holdings (XZIM:ZIMW.ZW) Long-Term Capital Lease Obligation : ZWL0.00 Mil (As of . 20)

View and export this data going back to . Start your Free Trial

What is Zimplow Holdings Long-Term Capital Lease Obligation?

Zimplow Holdings's Long-Term Capital Lease Obligation for the quarter that ended in . 20 was ZWL0.00 Mil.

Zimplow Holdings Long-Term Capital Lease Obligation Historical Data

The historical data trend for Zimplow Holdings'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.

* Premium members only.

Zimplow Holdings Long-Term Capital Lease Obligation Chart

Zimplow Holdings Annual Data

Trend

Long-Term Capital Lease Obligation

Zimplow Holdings Semi-Annual Data

Long-Term Capital Lease Obligation

Zimplow Holdings (XZIM:ZIMW.ZW) 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.

Zimplow Holdings Long-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of Zimplow Holdings's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.

Zimplow Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Zimplow Holdings Ltd (XZIM:ZIMW.ZW) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

39 Steelworks Road, P.O. Box 1059, Heavy Industrial Sites, Bulawayo, ZWE

Website

http://www.zimplow.com

Zimplow Holdings Ltd along with its subsidiaries is engaged in the manufacturing and distribution of agricultural, infrastructure and mining equipment. Its machinery and equipment are used in mines, construction sites fields, plantations and estates. Zimplow operates through four divisions namely, Barzem, Mealie Brand, CT Bolts and Farmec. The company products are marketed and exported to various countries in Africa. In addition, it also manufactures and distributes metal fasteners for the mining, construction and agricultural industries.

Zimplow Holdings Headlines

No Headlines