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Old Copper Co (FRA:JCP0) Long-Term Capital Lease Obligation : €0.00 Mil (As of . 20)


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What is Old Copper Co Long-Term Capital Lease Obligation?

Old Copper Co's Long-Term Capital Lease Obligation for the quarter that ended in . 20 was €0.00 Mil.


Old Copper Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Old Copper Co'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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Old Copper Co Long-Term Capital Lease Obligation Chart

Old Copper Co Annual Data
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Long-Term Capital Lease Obligation

Old Copper Co Semi-Annual Data
Long-Term Capital Lease Obligation

Old Copper Co  (FRA:JCP0) 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.

Old Copper Co Long-Term Capital Lease Obligation Related Terms

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Old Copper Co (FRA:JCP0) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
6501 Legacy Drive, Plano, TX, USA, 75024-3698
Website
Old Copper Co Inc formerly, JC Penney Co Inc is an American omnichannel retailer. It sells merchandise and services to consumers through department stores and its own website. The product portfolio mainly comprises apparel and footwear, accessories, fine and fashion jewellery, home furnishings, and beauty products (the latter through Sephora inside JC Penney). JC Penney offers private, exclusive, and national brands across the United States and Puerto Rico.

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