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Clean Invest Africa (AQSE:CIA) Long-Term Capital Lease Obligation : £0.00 Mil (As of . 20)


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What is Clean Invest Africa Long-Term Capital Lease Obligation?

Clean Invest Africa's Long-Term Capital Lease Obligation for the quarter that ended in . 20 was £0.00 Mil.


Clean Invest Africa Long-Term Capital Lease Obligation Historical Data

The historical data trend for Clean Invest Africa'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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Clean Invest Africa Long-Term Capital Lease Obligation Chart

Clean Invest Africa Annual Data
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Clean Invest Africa Semi-Annual Data
Long-Term Capital Lease Obligation

Clean Invest Africa  (AQSE:CIA) 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.

Clean Invest Africa Long-Term Capital Lease Obligation Related Terms

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Clean Invest Africa (AQSE:CIA) Business Description

Traded in Other Exchanges
N/A
Address
27-28 Eastcastle Street, London, GBR, W1W 8DH
Clean Invest Africa PLC is an investment company based in London. Its primary strategy is to acquire interests in and to own, assist and manage clean energy companies and projects, including renewable energy projects and projects that create environmental benefits through greenhouse gas emission reductions. It acquires interests in projects primarily on the African continent. Its objective is to deliver an attractive return through acquiring stakes in waste to energy technologies and other clean energy-related projects.

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