GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Green Ballast Inc (GREY:GBLL) » Definitions » Long-Term Capital Lease Obligation

Green Ballast (Green Ballast) Long-Term Capital Lease Obligation : $0.00 Mil (As of Dec. 2014)


View and export this data going back to 2012. Start your Free Trial

What is Green Ballast Long-Term Capital Lease Obligation?

Green Ballast's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2014 was $0.00 Mil.


Green Ballast Long-Term Capital Lease Obligation Historical Data

The historical data trend for Green Ballast'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.

Green Ballast Long-Term Capital Lease Obligation Chart

Green Ballast Annual Data
Trend Dec11 Dec12 Dec13 Dec14
Long-Term Capital Lease Obligation
- - - -

Green Ballast Quarterly Data
Sep11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Dec13 Dec14
Long-Term Capital Lease Obligation Get a 7-Day Free Trial Premium Member Only - - - - -

Green Ballast  (GREY:GBLL) 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.

Green Ballast Long-Term Capital Lease Obligation Related Terms

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


Green Ballast (Green Ballast) Business Description

Industry
Traded in Other Exchanges
N/A
Address
2620 Thousand Oaks Boulevard, Suite 4000, Memphis, TN, USA, 38118
Green Ballast Inc develops, markets and distributes energy-efficient electronic ballasts for fluorescent fixtures in the lighting industry. The company's electronic ballast is used with a fluorescent bulb to regulate the amount of electric current delivered to start and operate the bulb. It offers energy-efficient electronic ballasts as an alternative to traditional ballasts and existing daylight harvesting ballasts. Its product daylight harvesting ballasts can be applied to two-lamp, three-lamp, or four-lamp light fixtures.

Green Ballast (Green Ballast) Headlines

No Headlines