GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Vert Infrastructure Ltd (OTCPK:CRXPF) » Definitions » Long-Term Capital Lease Obligation

Vert Infrastructure (Vert Infrastructure) Long-Term Capital Lease Obligation : $0.00 Mil (As of Nov. 2019)


View and export this data going back to 2018. Start your Free Trial

What is Vert Infrastructure Long-Term Capital Lease Obligation?

Vert Infrastructure's Long-Term Capital Lease Obligation for the quarter that ended in Nov. 2019 was $0.00 Mil.


Vert Infrastructure Long-Term Capital Lease Obligation Historical Data

The historical data trend for Vert Infrastructure'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.

Vert Infrastructure Long-Term Capital Lease Obligation Chart

Vert Infrastructure Annual Data
Trend Feb12 Feb13 Feb14 Feb15 Feb16 Feb17 Feb18 Feb19
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial - - - - -

Vert Infrastructure Quarterly Data
Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19
Long-Term Capital Lease Obligation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Vert Infrastructure  (OTCPK:CRXPF) 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.

Vert Infrastructure Long-Term Capital Lease Obligation Related Terms

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


Vert Infrastructure (Vert Infrastructure) Business Description

Industry
Traded in Other Exchanges
N/A
Address
535 Howe Street, Suite 600, Vancouver, BC, CAN, V6C 2Z4
Vert Infrastructure Ltd is engaged in the business of branding, investing, constructing, owning and leasing infrastructure for specialty agricultural businesses.