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Confectii Vaslui (BSE:COVB) Long-Term Capital Lease Obligation : lei0.00 Mil (As of . 20)


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What is Confectii Vaslui Long-Term Capital Lease Obligation?

Confectii Vaslui's Long-Term Capital Lease Obligation for the quarter that ended in . 20 was lei0.00 Mil.


Confectii Vaslui Long-Term Capital Lease Obligation Historical Data

The historical data trend for Confectii Vaslui'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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Confectii Vaslui Long-Term Capital Lease Obligation Chart

Confectii Vaslui Annual Data
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Long-Term Capital Lease Obligation

Confectii Vaslui Semi-Annual Data
Long-Term Capital Lease Obligation

Confectii Vaslui  (BSE:COVB) 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.

Confectii Vaslui Long-Term Capital Lease Obligation Related Terms

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Confectii Vaslui Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Strada Maresal Constantin Prezan, Nr. 11, Vaslui, ROU, 730091
Confectii Vaslui SA is engaged in the manufacturing and selling of outerwear. The company specializes in producing lohn fabrics for men, women, and children. Products offered by the company include jackets, raincoats, blousons, anoraks, carcoats, waistcoats, skirts, trousers, and sportswear. Its products are made from a wide range of fabrics including fur and synthetic leather.

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