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


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What is SOAR Technology Acquisition Long-Term Capital Lease Obligation?

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


SOAR Technology Acquisition Long-Term Capital Lease Obligation Historical Data

The historical data trend for SOAR Technology 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.

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SOAR Technology Acquisition Long-Term Capital Lease Obligation Chart

SOAR Technology Acquisition Annual Data
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SOAR Technology Acquisition Quarterly Data
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SOAR Technology Acquisition  (NYSE:FLYA) 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.

SOAR Technology Acquisition Long-Term Capital Lease Obligation Related Terms

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SOAR Technology Acquisition (SOAR Technology Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
228 Park Avenue S, PMB 74335, New York, NY, USA, 10003
SOAR Technology Acquisition Corp is a blank check company.
Executives
Peter M Kern director C/O EXPEDIA, INC., 333 108TH AVENUE NE, BELLEVUE WA 98004
Patrick Pichette director 2660 BAY MEADOW, ST LAZARE, QUEBEC CANADA A8 00000
Vicky Bathija officer: See Remarks 2000 PONCE DE LEON BLVD., SUITE 500, CORAL GABLES FL 33134
Mark J Coleman officer: See Remarks 405 LEXINGTON AVENUE, 48TH FLOOR, NEW YORK NY 10174
Soar Technology Sponsor, Lp 10 percent owner 228 PARK AVE S PMB 74335, NEW YORK NY 10003-1502
Jpk Seed Capital, Llc 10 percent owner 228 PARK AVENUE S PMB 99312, NEW YORK NY 10003-1502
Joe Poulin director, 10 percent owner, officer: Chief Executive Officer C/O SOAR TECHNOLOGY ACQUISITION CORP., 405 LEXINGTON AVENUE, 48TH FLOOR, NEW YORK NY 10174
Martha J Tredgett director C/O SOAR TECHNOLOGY ACQUISITION CORP., 405 LEXINGTON AVENUE, 48TH FLOOR, NEW YORK NY 10174
Chris Arsenault director 405 LEXINGTON AVENUE, 48TH FLOOR, NEW YORK NY 10174
Greg W. Greeley director C/O SOAR TECHNOLOGY ACQUISITION CORP., 405 LEXINGTON AVENUE, 48TH FLOOR, NEW YORK NY 10174

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