Born (BRRN) Long-Term Capital Lease Obligation : $0.00 Mil (As of Oct. 2020)

View and export this data going back to 2007. Start your Free Trial

What is Born Long-Term Capital Lease Obligation?

Born's Long-Term Capital Lease Obligation for the quarter that ended in Oct. 2020 was $0.00 Mil.

Born Long-Term Capital Lease Obligation Historical Data

The historical data trend for Born'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.

Born Long-Term Capital Lease Obligation Chart

Born Annual Data

Trend

Apr07

Apr08

Apr09

Apr10

Apr11

Apr12

Apr19

Apr20

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

Born Quarterly Data
	Oct09	Jan10	Apr10	Jul10	Oct10	Jan11	Apr11	Jul11	Oct11	Jan12	Apr12	Jul12	Oct12	Jan13	Apr19	Jul19	Oct19	Apr20	Jul20	Oct20
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															-	-	-	-	-

Born (OTCPK:BRRN) 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.

Born Long-Term Capital Lease Obligation Related Terms

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

Born (BRRN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Born Inc (OTCPK:BRRN) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

5699 S. 59th West Avenue, Building No. 100, Tulsa, OK, USA, 74107

Website

https://www.quture.com

Born Inc is a supplier of direct fired process heaters and associated process plant and equipment to the petro-chemical industry. It offers comprehensive engineering, procurement, inspection, installation and commissioning services, together with full after sales support. Born's export markets include Latin America, Africa, Middle East, Asia, Australia, Europe, Canada, Mexico and other countries.

Born (BRRN) Headlines

No Headlines