GURUFOCUS.COM » STOCK LIST » Industrials » Construction » LUMINEX PLC (COL:LUMX.N0000) » Definitions » Long-Term Capital Lease Obligation

LUMINEX (COL:LUMX.N0000) Long-Term Capital Lease Obligation : රු0.00 Mil (As of . 20)


View and export this data going back to 2022. Start your Free Trial

What is LUMINEX Long-Term Capital Lease Obligation?

LUMINEX's Long-Term Capital Lease Obligation for the quarter that ended in . 20 was රු0.00 Mil.


LUMINEX Long-Term Capital Lease Obligation Historical Data

The historical data trend for LUMINEX'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.

LUMINEX Long-Term Capital Lease Obligation Chart

LUMINEX Annual Data
Trend
Long-Term Capital Lease Obligation

LUMINEX Semi-Annual Data
Long-Term Capital Lease Obligation

LUMINEX  (COL:LUMX.N0000) 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.

LUMINEX Long-Term Capital Lease Obligation Related Terms

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


LUMINEX Business Description

Industry
Traded in Other Exchanges
N/A
Address
Number 24, New Galle Road, Moratuwa, LKA
LUMINEX PLC is an engineering company engaged in the business of Telecommunication Network Development, Electrical Engineering (Low Tension (LT) & High Tension (HT)), Civil, Water, and Sewerage Construction.

LUMINEX Headlines

No Headlines