GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Frontera Group Inc (OTCPK:FRTG) » Definitions » Long-Term Capital Lease Obligation

Frontera Group (Frontera Group) Long-Term Capital Lease Obligation : $0.00 Mil (As of Dec. 2022)


View and export this data going back to 2015. Start your Free Trial

What is Frontera Group Long-Term Capital Lease Obligation?

Frontera Group's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2022 was $0.00 Mil.


Frontera Group Long-Term Capital Lease Obligation Historical Data

The historical data trend for Frontera Group'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.

Frontera Group Long-Term Capital Lease Obligation Chart

Frontera Group Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only - - - - -

Frontera Group Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
Long-Term Capital Lease Obligation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Frontera Group  (OTCPK:FRTG) 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.

Frontera Group Long-Term Capital Lease Obligation Related Terms

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


Frontera Group (Frontera Group) Business Description

Industry
Traded in Other Exchanges
N/A
Address
140-75 Ash Avenue, Suite 2C, Flushing, NY, USA, 11355
Frontera Group Inc is a technology-focused operator and acquirer of revenue-generating companies and intellectual property.
Executives
Nanjing Dayu Xianneng Food Co, Ltd 10 percent owner LIUSHUNYUAN ROAD LULANG TOWNSHIP,, JIANGNING DISTRICT, NANJING F4 210024

Frontera Group (Frontera Group) Headlines

From GuruFocus

Intellimedia Network's Technology IP Acquired by Frontera Group

By PRNewswire PRNewswire 04-29-2022