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XTRA Bitcoin (XTRA Bitcoin) Long-Term Capital Lease Obligation : $0.00 Mil (As of Dec. 2011)


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What is XTRA Bitcoin Long-Term Capital Lease Obligation?

XTRA Bitcoin's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2011 was $0.00 Mil.


XTRA Bitcoin Long-Term Capital Lease Obligation Historical Data

The historical data trend for XTRA Bitcoin'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.

XTRA Bitcoin Long-Term Capital Lease Obligation Chart

XTRA Bitcoin Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial 0.06 - - - -

XTRA Bitcoin Quarterly Data
Dec06 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11
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XTRA Bitcoin  (OTCPK:CBTC) 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.

XTRA Bitcoin Long-Term Capital Lease Obligation Related Terms

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XTRA Bitcoin (XTRA Bitcoin) Business Description

Traded in Other Exchanges
N/A
Address
912 Bobwhite Street, Fruitland, ID, USA, 83619
XTRA Bitcoin Inc is a United States-based company engaged in the business of Bitcoin mining.