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

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What is Global Links Long-Term Capital Lease Obligation?

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

Global Links Long-Term Capital Lease Obligation Historical Data

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

Global Links Annual Data

Trend

Dec04

Dec05

Long-Term Capital Lease Obligation

Global Links Quarterly Data
	Jun04	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial				-	-	-	-	-

Global Links (OTCPK:GLCO) 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.

Global Links Long-Term Capital Lease Obligation Related Terms

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Global Links (Global Links) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Global Links Corp (OTCPK:GLCO) » Definitions » Long-Term Capital Lease Obligation

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Traded in Other Exchanges

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Address

3571 East Sunset Road, Suite 102, Las Vegas, NV, USA, 89120

Website

http://www.globallinkscorp.com

Global Links Corp is a real estate centric company. The company has completed research in modular micro housing and international folding housing products.

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