GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » ICSGlobal Ltd (ASX:ICS) » Definitions » Long-Term Capital Lease Obligation

ICSGlobal (ASX:ICS) Long-Term Capital Lease Obligation : A$0.00 Mil (As of Dec. 2022)


View and export this data going back to 1999. Start your Free Trial

What is ICSGlobal Long-Term Capital Lease Obligation?

ICSGlobal's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2022 was A$0.00 Mil.

ICSGlobal's annual Long-Term Capital Lease Obligation declined from Jun. 2020 (A$0.29 Mil) to Jun. 2021 (A$0.00 Mil) but then stayed the same from Jun. 2021 (A$0.00 Mil) to Jun. 2022 (A$0.00 Mil).


ICSGlobal Long-Term Capital Lease Obligation Historical Data

The historical data trend for ICSGlobal'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.

ICSGlobal Long-Term Capital Lease Obligation Chart

ICSGlobal Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.29 - -

ICSGlobal Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22
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 - - - - -

ICSGlobal  (ASX:ICS) 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.

ICSGlobal Long-Term Capital Lease Obligation Related Terms

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


ICSGlobal (ASX:ICS) Business Description

Traded in Other Exchanges
N/A
Address
C/- TCAP, 20 Bond Street, Suite 3.03, Sydney, NSW, AUS, 2000
ICSGlobal Ltd is an investment holding company. The company currently has no operation.

ICSGlobal (ASX:ICS) Headlines

No Headlines