Forum Mobile (Forum Mobile) Long-Term Capital Lease Obligation : $0.00 Mil (As of Jun. 2006)

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

What is Forum Mobile Long-Term Capital Lease Obligation?

Forum Mobile's Long-Term Capital Lease Obligation for the quarter that ended in Jun. 2006 was $0.00 Mil.

Forum Mobile Long-Term Capital Lease Obligation Historical Data

The historical data trend for Forum Mobile'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.

Forum Mobile Long-Term Capital Lease Obligation Chart

Forum Mobile Annual Data

Trend

Dec00

Dec01

Dec02

Dec03

Dec04

Dec05

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

Forum Mobile Quarterly Data
	Sep01	Dec01	Mar02	Jun02	Sep02	Dec02	Mar03	Jun03	Sep03	Dec03	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															-	-	-	-	-

Forum Mobile (OTCPK:FRMB) 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.

Forum Mobile Long-Term Capital Lease Obligation Related Terms

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

Forum Mobile (Forum Mobile) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Forum Mobile Inc (OTCPK:FRMB) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

26 Broadway, 21st Floor, New York, NY, USA, 10004

Website

http://www.forum-mobile.com

Forum Mobile Inc is a global Mobile Virtual Network Enabler (MVNE) based in the USA. It specializes in MVNE, Mobile Services, Telecom, and cloud services. The company is active in a variety of complimentary fields such as private banking, business development and consulting and provides hosting and trading platforms. Geographically the business activities are operated through United States.

Forum Mobile (Forum Mobile) Headlines

No Headlines