GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » COVA Acquisition Corp (NAS:COVA) » Definitions » Long-Term Capital Lease Obligation

COVA Acquisition (COVA Acquisition) Long-Term Capital Lease Obligation : $0.00 Mil (As of Sep. 2022)


View and export this data going back to 2021. Start your Free Trial

What is COVA Acquisition Long-Term Capital Lease Obligation?

COVA Acquisition's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2022 was $0.00 Mil.


COVA Acquisition Long-Term Capital Lease Obligation Historical Data

The historical data trend for COVA Acquisition'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.

COVA Acquisition Long-Term Capital Lease Obligation Chart

COVA Acquisition Annual Data
Trend Dec20 Dec21
Long-Term Capital Lease Obligation
- -

COVA Acquisition Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Long-Term Capital Lease Obligation Get a 7-Day Free Trial - - - - -

COVA Acquisition  (NAS:COVA) 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.

COVA Acquisition Long-Term Capital Lease Obligation Related Terms

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


COVA Acquisition (COVA Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
530 Bush Street, Suite 703, San Francisco, CA, USA, 94108
COVA Acquisition Corp is a blank check company.
Executives
Jun Hong Heng director, 10 percent owner, officer: Chairman, CEO and CFO C/O CRESCENT COVE ACQUISITION CORP., 530 BUSH STREET, SUITE 703, SAN FRANCISCO CA 94108
Dhillon Karanveer K.v. director, officer: President C/O CRESCENT COVE ACQUISITION CORP., 530 BUSH STREET, SUITE 703, SAN FRANCISCO CA 94108
Cova Acquisition Sponsor Llc 10 percent owner C/O COVA ACQUISITION CORP., 530 BUSH STREET, SUITE 703, SAN FRANCISCO CA 94108
Pandu Sjahrir director C/O CRESCENT COVE ACQUISITION CORP., 530 BUSH STREET, SUITE 703, SAN FRANCISCO CA 94108
Alvin Sariaatmadja director C/O CRESCENT COVE ACQUISITION CORP., 530 BUSH STREET, SUITE 703, SAN FRANCISCO CA 94108
Jack Smith director C/O CRESCENT COVE ACQUISITION CORP., 530 BUSH STREET, SUITE 703, SAN FRANCISCO CA 94108

COVA Acquisition (COVA Acquisition) Headlines