Frankly (Frankly) Long-Term Capital Lease Obligation : $0.00 Mil (As of Sep. 2019)

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What is Frankly Long-Term Capital Lease Obligation?

Frankly's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2019 was $0.00 Mil.

Frankly's annual Long-Term Capital Lease Obligation declined from Dec. 2016 ($0.04 Mil) to Dec. 2017 ($0.00 Mil) but then stayed the same from Dec. 2017 ($0.00 Mil) to Dec. 2018 ($0.00 Mil).

Frankly Long-Term Capital Lease Obligation Historical Data

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

Frankly Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Long-Term Capital Lease Obligation

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0.21

0.04

Frankly Quarterly Data
	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															-	-	-	-	-

Frankly (OTCPK:FRNKF) 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.

Frankly Long-Term Capital Lease Obligation Related Terms

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Frankly (Frankly) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Frankly Inc (OTCPK:FRNKF) » Definitions » Long-Term Capital Lease Obligation

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Address

27-01 Queens Plaza North, Suite 502, Long Island City, NY, USA, 11101

Website

https://www.franklyinc.com

Frankly Inc is a is a Canada-based company that provides a software platform for brands and media companies to create, distribute, analyze, and monetize their content on the web, mobile, and television. The company offers digital publishing software as a service and related advertising services for media sites on the Internet and integrated platform of the content management system, web and mobile publishing, social engagement and monetization. Its software enables site owners to design, build, and host sites to publish local content and information on digital platforms. The company also sources national and local advertising for its customers to distribute over multiple consumer devices.

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