GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Azure Holding Group Corp (OTCPK:AZRH) » Definitions » Long-Term Capital Lease Obligation

AZRH (Azure Holding Group) Long-Term Capital Lease Obligation : $0.00 Mil (As of Nov. 2013)


View and export this data going back to 2013. Start your Free Trial

What is Azure Holding Group Long-Term Capital Lease Obligation?

Azure Holding Group's Long-Term Capital Lease Obligation for the quarter that ended in Nov. 2013 was $0.00 Mil.


Azure Holding Group Long-Term Capital Lease Obligation Historical Data

The historical data trend for Azure Holding Group'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.

Azure Holding Group Long-Term Capital Lease Obligation Chart

Azure Holding Group Annual Data
Trend Aug12 Aug13
Long-Term Capital Lease Obligation
- -

Azure Holding Group Quarterly Data
Nov12 Feb13 May13 Aug13 Nov13
Long-Term Capital Lease Obligation - - - - -

Azure Holding Group  (OTCPK:AZRH) 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.

Azure Holding Group Long-Term Capital Lease Obligation Related Terms

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


Azure Holding Group Business Description

Traded in Other Exchanges
N/A
Address
26060 Acero, Suite 209, Mission Viejo, CA, USA, 92619
Azure Holding Group Corp is engaged in the gaming and advertising business as well as leveraging blockchain technologies and Artificial Intelligence cryptocurrency monetization. The company also involved in the mining business mostly in gold. Its assets are situated in the Southwest region of the United States and in Northwest Mexico.

Azure Holding Group Headlines

From GuruFocus

Azure Holding Group Corp. Acquires Eragon Mining

By Marketwired Marketwired 05-29-2019