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MaxRS Ventures (AQSE:MAX) Long-Term Capital Lease Obligation : £0.00 Mil (As of Oct. 2023)


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What is MaxRS Ventures Long-Term Capital Lease Obligation?

MaxRS Ventures's Long-Term Capital Lease Obligation for the quarter that ended in Oct. 2023 was £0.00 Mil.


MaxRS Ventures Long-Term Capital Lease Obligation Historical Data

The historical data trend for MaxRS Ventures'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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MaxRS Ventures Long-Term Capital Lease Obligation Chart

MaxRS Ventures Annual Data
Trend Oct19 Oct20 Oct21 Oct22 Oct23
Long-Term Capital Lease Obligation
- - - - -

MaxRS Ventures Semi-Annual Data
Oct19 Oct20 Oct21 Oct22 Oct23
Long-Term Capital Lease Obligation - - - - -

MaxRS Ventures  (AQSE:MAX) 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.

MaxRS Ventures Long-Term Capital Lease Obligation Related Terms

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MaxRS Ventures Business Description

Traded in Other Exchanges
N/A
Address
50 Sloane Avenue, London, GBR, SW3 3DD
MaxRS Ventures PLC is an investment company that seeks to maximize returns for shareholders predominantly through capital appreciation, by investing in or acquiring distressed or out-of-favour assets that the Board believes have become undervalued or which may benefit from consolidation as a result of the current challenging economic and geopolitical landscape. The company's investment is currently focussed on four sectors comprising life sciences, fintech businesses and assets that use fintech, impact investing (environmental and renewables), and retail.