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Advant-e (Advant-e) Long-Term Capital Lease Obligation : $0.00 Mil (As of Dec. 2012)


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What is Advant-e Long-Term Capital Lease Obligation?

Advant-e's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2012 was $0.00 Mil.


Advant-e Long-Term Capital Lease Obligation Historical Data

The historical data trend for Advant-e'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.

Advant-e Long-Term Capital Lease Obligation Chart

Advant-e Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Long-Term Capital Lease Obligation
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Advant-e Quarterly Data
Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12
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Advant-e  (OTCPK:ADVCD) 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.

Advant-e Long-Term Capital Lease Obligation Related Terms

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Advant-e (Advant-e) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Advant-e Corp (OTCPK:ADVCD) » Definitions » Long-Term Capital Lease Obligation
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Address
2434 Esquire Drive, Beavercreek, OH, USA, 45431
Advant-e Corp is a United States based company engaged in the development, marketing, reselling and hosting software and provides services, through its wholly-owned subsidiaries. The services allow the customers to send and receive business documents in standard and proprietary formats. The group specializes in providing hosted electronic data interchange solutions that utilize the internet as the primary communications method.

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