GURUFOCUS.COM » STOCK LIST » Technology » Software » Global Technologies Ltd (OTCPK:GTLL) » Definitions » Long-Term Capital Lease Obligation

GTLL (Global Technologies) Long-Term Capital Lease Obligation : $0.00 Mil (As of Mar. 2025)


View and export this data going back to 1995. Start your Free Trial

What is Global Technologies Long-Term Capital Lease Obligation?

Global Technologies's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was $0.00 Mil.


Global Technologies Long-Term Capital Lease Obligation Historical Data

The historical data trend for Global Technologies'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.

Global Technologies Long-Term Capital Lease Obligation Chart

Global Technologies Annual Data
Trend Oct98 Jun99 Jun00 Jun01 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Global Technologies Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 - - - - -

Global Technologies  (OTCPK:GTLL) 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 Technologies Long-Term Capital Lease Obligation Related Terms

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


Global Technologies Business Description

Industry
Traded in Other Exchanges
N/A
Address
8 Campus Drive, Suite 105, Parsippany, NJ, USA, 07054
Global Technologies Ltd is a multi-operational company that spearheads in high-growth industries, focusing on transformative technology and services.
Executives
Jimmy Wayne Anderson director, 10 percent owner, officer: President 501 1ST AVENUE NORTH, SUITE 901, ST. PETERSBURG FL 33701
Jaycee James 10 percent owner 9298 SVL BOX, VICTORVILLE CA 92395