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Afriprise Investment (DAR:TICL) Long-Term Capital Lease Obligation : TZS0.00 Mil (As of . 20)


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What is Afriprise Investment Long-Term Capital Lease Obligation?

Afriprise Investment's Long-Term Capital Lease Obligation for the quarter that ended in . 20 was TZS0.00 Mil.


Afriprise Investment Long-Term Capital Lease Obligation Historical Data

The historical data trend for Afriprise Investment'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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Afriprise Investment Long-Term Capital Lease Obligation Chart

Afriprise Investment Annual Data
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Long-Term Capital Lease Obligation

Afriprise Investment Semi-Annual Data
Long-Term Capital Lease Obligation

Afriprise Investment  (DAR:TICL) 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.

Afriprise Investment Long-Term Capital Lease Obligation Related Terms

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Afriprise Investment Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Bagamoyo road, P.O. Box 72678, PSSSF Millennium Tower II, 24th Floor, Kijitonyama, Opposite Makumbusho Village, Dar es Salaam, TZA
Tccia Investment PLC is mainly engaged in mobilizing and channelizing of financial resources from its shareholders into viable investments. The company invests in two categories including Short-term and Long-term investments in money markets, government securities, microfinance, corporate bonds, real estate, equities, and service industries.

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