Citadel EFT (Citadel EFT) Long-Term Capital Lease Obligation : $0.00 Mil (As of Dec. 2013)

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What is Citadel EFT Long-Term Capital Lease Obligation?

Citadel EFT's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2013 was $0.00 Mil.

Citadel EFT Long-Term Capital Lease Obligation Historical Data

The historical data trend for Citadel EFT'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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Citadel EFT Long-Term Capital Lease Obligation Chart

Citadel EFT Annual Data

Trend

Sep10

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Sep13

Long-Term Capital Lease Obligation

Citadel EFT Quarterly Data
	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial												-	-	-	-	-

Citadel EFT (GREY:CDFT) 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.

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Citadel EFT (Citadel EFT) Business Description

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Address

825 College Boulevard, Suite 102-328, Oceanside, CA, USA, 92057

Website

http://citadelbankcard.com

Citadel EFT Inc provides credit card terminals and merchant account services to retailers. It's business is the processing of credit card payments ("Merchant Services").

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