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Ameriguard Security Services (Ameriguard Security Services) Long-Term Capital Lease Obligation : $1.06 Mil (As of Mar. 2024)


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What is Ameriguard Security Services Long-Term Capital Lease Obligation?

Ameriguard Security Services's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was $1.06 Mil.

Ameriguard Security Services's quarterly Long-Term Capital Lease Obligation increased from Sep. 2023 ($0.29 Mil) to Dec. 2023 ($1.06 Mil) but then stayed the same from Dec. 2023 ($1.06 Mil) to Mar. 2024 ($1.06 Mil).

Ameriguard Security Services's annual Long-Term Capital Lease Obligation increased from Dec. 2021 ($0.00 Mil) to Dec. 2022 ($0.29 Mil) and increased from Dec. 2022 ($0.29 Mil) to Dec. 2023 ($1.06 Mil).

Ameriguard Security Services Long-Term Capital Lease Obligation Historical Data

The historical data trend for Ameriguard Security Services'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.

Ameriguard Security Services Long-Term Capital Lease Obligation Chart

Ameriguard Security Services Annual Data
Trend Dec11 Dec12 Dec13 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial 0.03 - - 0.29 1.06

Ameriguard Security Services Quarterly Data
Dec13 Mar14 Jun14 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.29 0.29 0.29 1.06 1.06

Ameriguard Security Services  (OTCPK:AGSS) 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.

Ameriguard Security Services Long-Term Capital Lease Obligation Related Terms

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Ameriguard Security Services (Ameriguard Security Services) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Ameriguard Security Services Inc (OTCPK:AGSS) » Definitions » Long-Term Capital Lease Obligation
Comparable Companies
RSKIA KSCP SNT GFAI IVDA VRME UUU GDSI SPCB MACE OSTO:ASSA B TSE:9735 SZSE:002236 ALLE MSA ADT OSTO:SECU B BCO TSE:2331 SZSE:002268
Traded in Other Exchanges
N/A
Address
5470 West Spruce Avenue, Suite 102, Fresno, CA, USA, 93722
Website
https://www.ameriguardsecurity.com
AmeriGuard Security Services Inc principally provides guard services to governmental, quasi-governmental and commercial property management. Guard services include, providing armed and unarmed uniformed security personnel for access control, mobile patrols, traffic control, security console/system operators, fire safety directors, communication, reception, concierge and front desk/doorman operations.