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Nurish.Me (Nurish.Me) Long-Term Capital Lease Obligation : $0.00 Mil (As of Dec. 2009)


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What is Nurish.Me Long-Term Capital Lease Obligation?

Nurish.Me's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2009 was $0.00 Mil.

Nurish.Me Long-Term Capital Lease Obligation Historical Data

The historical data trend for Nurish.Me'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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Nurish.Me Long-Term Capital Lease Obligation Chart

Nurish.Me Annual Data
Trend Dec08 Dec09
Long-Term Capital Lease Obligation
- -

Nurish.Me Semi-Annual Data
Dec08 Dec09
Long-Term Capital Lease Obligation - -

Nurish.Me  (OTCPK:AVOZ) 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.

Nurish.Me Long-Term Capital Lease Obligation Related Terms

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Nurish.Me (Nurish.Me) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Nurish.Me Inc (OTCPK:AVOZ) » Definitions » Long-Term Capital Lease Obligation
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Traded in Other Exchanges
N/A
Address
888 Prospect Street, Suite 200, La Jolla, CA, USA, 92037
Website
https://www.nurish.me
Nurish.Me Inc offers dietary supplements. The company's products include CoreCumin which is a flagship product of the company and CogniNurish which is a combination of six functional foods with the bioavailable aloe vera and rice bran blend with phytonutrients including amino acids, cofactors, vitamins, and others.
Executives
Steve Chaussy director, officer: Chief Financial Officer 9780 E AVE, HESPERIA CA 92345