GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » FinTech Evolution Acquisition Group (NYSE:FTEV.U) » Definitions » Long-Term Capital Lease Obligation

FinTech Evolution Acquisition Group (FinTech Evolution Acquisition Group) Long-Term Capital Lease Obligation : $0.00 Mil (As of Sep. 2022)


View and export this data going back to 2021. Start your Free Trial

What is FinTech Evolution Acquisition Group Long-Term Capital Lease Obligation?

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

FinTech Evolution Acquisition Group Long-Term Capital Lease Obligation Historical Data

The historical data trend for FinTech Evolution Acquisition 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.

FinTech Evolution Acquisition Group Long-Term Capital Lease Obligation Chart

FinTech Evolution Acquisition Group Annual Data
Trend Dec20 Dec21
Long-Term Capital Lease Obligation
- -

FinTech Evolution Acquisition Group Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Long-Term Capital Lease Obligation Get a 7-Day Free Trial - - - - -

FinTech Evolution Acquisition Group  (NYSE:FTEV.U) 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.

FinTech Evolution Acquisition Group Long-Term Capital Lease Obligation Related Terms

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

FinTech Evolution Acquisition Group (FinTech Evolution Acquisition Group) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » FinTech Evolution Acquisition Group (NYSE:FTEV.U) » Definitions » Long-Term Capital Lease Obligation
Comparable Companies
FTPA EMLD CNDA FTCV FTVI PICC BACA ATVC EAC NVSA GSHN PSTH XAMS:EPIC ASZ CCYC CVII KAHC DWAC IPOF PBAJ
Traded in Other Exchanges
N/A
Address
1345 Avenue of the Americas, New York, NY, USA, 10105
Website
https://www.fintechevolution.net
FinTech Evolution Acquisition Group is a blank check company.
Executives
Caroline Grace director 200 E. RANDOLPH ST., CHICAGO IL 60601
Rohit Bhagat director, 10 percent owner, officer: Chief Executive Officer BLACKROCK, INC., 55 EAST 52ND STREET, NEW YORK NY 10055
Charles G Goldman director C/O THE CHARLES SCHWAB CORPORATION, 120 KEARNY STREET, SAN FRANCISCO CA 94108
Michael Arthur Latham director, 10 percent owner, officer: Chief Operating Officer 200 WEST STREET, NEW YORK NY 10282
Christopher Gaertner director 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Fintech Evolution Sponsor Llc 10 percent owner 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105