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Empowerment &lusion Capital I (Empowerment &lusion Capital I) Long-Term Capital Lease Obligation : $0.00 Mil (As of Sep. 2022)


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What is Empowerment &lusion Capital I Long-Term Capital Lease Obligation?

Empowerment &lusion Capital I's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2022 was $0.00 Mil.


Empowerment &lusion Capital I Long-Term Capital Lease Obligation Historical Data

The historical data trend for Empowerment &lusion Capital I'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.

Empowerment &lusion Capital I Long-Term Capital Lease Obligation Chart

Empowerment &lusion Capital I Annual Data
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Long-Term Capital Lease Obligation
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Empowerment &lusion Capital I Quarterly Data
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Empowerment &lusion Capital I  (NYSE:EPWR) 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.

Empowerment &lusion Capital I Long-Term Capital Lease Obligation Related Terms

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Empowerment &lusion Capital I (Empowerment &lusion Capital I) Business Description

Traded in Other Exchanges
N/A
Address
340 Madison Avenue, New York, NY, USA, 10173
Empowerment & Inclusion Capital I Corp is a blank-check company. It is formed for the purpose of merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities.
Executives
Marjorie Rodgers Cheshire director 1040 PARK AVENUE, SUITE 300, BALTIMORE MD 21201
Andrea L Zopp director 3333 BEVERLY ROAD, C/O SEARS ROEBUCK & CP, HOFFMAN ESTATE IL 60179
Richard Kevin Bynum director 7567 GLEN POINTE CT., SPRINGFIELD VA 22153
Toni Townes-whitley director 8340 SPRINGHAVEN GARDEN LANE, MCLEAN, VA X1 22102
Virginia Henkels 10 percent owner, officer: CFO and Secretary SWIFT TRANSPORTATION COMPANY, 2200 SOUTH 75TH AVENUE, PHOENIX AZ 85043
Jefferies Financial Group Inc. 10 percent owner 520 MADISON AVENUE, NEW YORK NY 10022
Ford Harold Eugene Jr. director, 10 percent owner, officer: CEO and Chairman 4921 WILLIAM ARNOLD ROAD, MEMPHIS TN 38117
Pnc Financial Services Group, Inc. 10 percent owner THE TOWER AT PNC PLAZA, 300 FIFTH AVENUE, PITTSBURGH PA 15222-2401
Gagan Singh director C/O THE PNC FINANCIAL SERVICES GROUP, 340 MADISON AVENUE, NEW YORK NY 10173
Laura L Long director C/O THE TOWER AT PNC, 300 FIFTH AVENUE, PITTSBURGH PA 15222
Pnc Investment Capital Corp. 10 percent owner C/O THE PNC FINANCIAL SERVICES GROUP, 340 MADISON AVENUE, NEW YORK NY 10173
Stephanie M Phillipps director C/O THE PNC FINANCIAL SERVICES GROUP, 340 MADISON AVENUE, NEW YORK NY 10173
Margaret B Smith director C/O THE PNC FINANCIAL SERVICES GROUP, 340 MADISON AVENUE, NEW YORK NY 10173