Greenbelt Resources (Greenbelt Resources) Long-Term Capital Lease Obligation : $0.00 Mil (As of Mar. 2016)

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What is Greenbelt Resources Long-Term Capital Lease Obligation?

Greenbelt Resources's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2016 was $0.00 Mil.

Greenbelt Resources Long-Term Capital Lease Obligation Historical Data

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

Greenbelt Resources Annual Data

Trend

Long-Term Capital Lease Obligation

Greenbelt Resources Quarterly Data
	Sep13	Sep14	Mar15	Mar16
Long-Term Capital Lease Obligation	-	-	-	-

Greenbelt Resources (OTCPK:GRCO) 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.

Greenbelt Resources Long-Term Capital Lease Obligation Related Terms

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Greenbelt Resources (Greenbelt Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Greenbelt Resources Corp (OTCPK:GRCO) » Definitions » Long-Term Capital Lease Obligation

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Traded in Other Exchanges

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Address

3773 Howard Hughes Parkway, Suite 500S, Las Vegas, NV, USA, 86169-6014

Website

http://www.greenbeltresources.com

Greenbelt Resources Corp is a provider of a sustainable energy production system. The company designs, manufactures, operates and sells modular systems that recycle food wastes and beverage wastes into sellable products. Products produced include ultra-low carbon advanced biofuel, fertilizer, animal feed, electricity and filtered and distilled water. Its solutions include Organic Waste Recycling System and Energy Efficient Ethanol Dehydration.

Greenbelt Resources (Greenbelt Resources) Headlines

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