Life Is Hard (BSE:LIH) Long-Term Capital Lease Obligation : lei0.00 Mil (As of . 20)

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What is Life Is Hard Long-Term Capital Lease Obligation?

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

Life Is Hard Long-Term Capital Lease Obligation Historical Data

The historical data trend for Life Is Hard'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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Life Is Hard Long-Term Capital Lease Obligation Chart

Life Is Hard Annual Data

Trend

Long-Term Capital Lease Obligation

Life Is Hard Semi-Annual Data

Long-Term Capital Lease Obligation

Life Is Hard (BSE:LIH) 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.

Life Is Hard Long-Term Capital Lease Obligation Related Terms

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Life Is Hard Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Life Is Hard SA (BSE:LIH) » Definitions » Long-Term Capital Lease Obligation

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Address

Strada Avram Iancu Nr. 500, Floresti, Cluj-Napoca, ROU, 407280

Website

https://www.lifeishard.ro

Life Is Hard SA is a software company. The company provides solutions in the areas of cloud computing, digital enterprise services, and industrial internet of things. It also provides infrastructure management services and mobility solutions. The company uses the following technology in project namely HP, REST, Android SDK, and jQuery.

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