Covista Communications (Covista Communications) Long-Term Capital Lease Obligation : $0.00 Mil (As of Apr. 2005)

View and export this data going back to 2005. Start your Free Trial

What is Covista Communications Long-Term Capital Lease Obligation?

Covista Communications's Long-Term Capital Lease Obligation for the quarter that ended in Apr. 2005 was $0.00 Mil.

Covista Communications Long-Term Capital Lease Obligation Historical Data

The historical data trend for Covista Communications'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.

Covista Communications Long-Term Capital Lease Obligation Chart

Covista Communications Annual Data

Trend

Jan96

Jan97

Jan98

Jan99

Jan00

Jan01

Jan02

Jan03

Jan04

Jan05

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

Covista Communications Quarterly Data
	Jul00	Oct00	Jan01	Apr01	Jul01	Oct01	Jan02	Apr02	Jul02	Oct02	Jan03	Apr03	Jul03	Oct03	Jan04	Apr04	Jul04	Oct04	Jan05	Apr05
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															-	-	-	-	-

Covista Communications (OTCPK:CVST) 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.

Covista Communications Long-Term Capital Lease Obligation Related Terms

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

Covista Communications (Covista Communications) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Covista Communications Inc (OTCPK:CVST) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

735 Broad Street, Unit 306, Chattanooga, TN, USA, 37402

Website

http://www.covistacommunications.com

Covista Communications Inc is a telecommunication service provider. Its products and services include voice, data, and internet solutions, including local, long-distance, and toll-free services, calling card, frame relay, Internet access, & directory assistance.

Executives

W Thorpe Mckenzie	director	735 BROAD ST, STE 1105, CHATTANOOGA TN 37402
Jay J Miller	director	430 EAST 57TH STREET SUITE 5 D, NEW YORK NY 10022

Covista Communications (Covista Communications) Headlines

No Headlines