GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Umm Al Qaiwain General Investments Co (ADX:QIC) » Definitions » Long-Term Capital Lease Obligation

Umm Al Qaiwain General Investments Co (ADX:QIC) Long-Term Capital Lease Obligation : د.إ0.00 Mil (As of Sep. 2024)


View and export this data going back to 2005. Start your Free Trial

What is Umm Al Qaiwain General Investments Co Long-Term Capital Lease Obligation?

Umm Al Qaiwain General Investments Co's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2024 was د.إ0.00 Mil.


Umm Al Qaiwain General Investments Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Umm Al Qaiwain General Investments Co'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.

Umm Al Qaiwain General Investments Co Long-Term Capital Lease Obligation Chart

Umm Al Qaiwain General Investments Co Annual Data
Trend Dec11 Dec12 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Umm Al Qaiwain General Investments Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Long-Term Capital Lease Obligation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Umm Al Qaiwain General Investments Co  (ADX:QIC) 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.

Umm Al Qaiwain General Investments Co Long-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of Umm Al Qaiwain General Investments Co's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.


Umm Al Qaiwain General Investments Co Business Description

Traded in Other Exchanges
Address
Al Ittihad Street, Fahad Al Salem Street, P.O.Box: 816, Building a Big Market Tower Floor 9, Al Raafah Kuwait: Al Dar Audit - Abdullah Muzaini, Umm Al-Qaiwain, ARE
Umm Al Qaiwain General Investments Co is engaged in real estate enterprise investment, development, and institution and management, funds and stock investments. The commercial activities of the company include investment in lands, buildings, education, health sector, general investments, among others. The two geographical segments in which the company operates comprise of the United Arab Emirates and the Gulf Cooperation Council.

Umm Al Qaiwain General Investments Co Headlines

No Headlines