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Indo Global Exchange(s) Pte (Indo Global Exchange(s) Pte) Long-Term Capital Lease Obligation : $0.00 Mil (As of Oct. 2017)


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What is Indo Global Exchange(s) Pte Long-Term Capital Lease Obligation?

Indo Global Exchange(s) Pte's Long-Term Capital Lease Obligation for the quarter that ended in Oct. 2017 was $0.00 Mil.

Indo Global Exchange(s) Pte Long-Term Capital Lease Obligation Historical Data

The historical data trend for Indo Global Exchange(s) Pte'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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Indo Global Exchange(s) Pte Long-Term Capital Lease Obligation Chart

Indo Global Exchange(s) Pte Annual Data
Trend Jul08 Jul09 Jul10 Jul11 Jul12 Jul13 Jul14 Jul15 Jul16 Jul17
Long-Term Capital Lease Obligation
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Indo Global Exchange(s) Pte Quarterly Data
Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17
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Indo Global Exchange(s) Pte  (OTCPK:IGEX) 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.

Indo Global Exchange(s) Pte Long-Term Capital Lease Obligation Related Terms

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Indo Global Exchange(s) Pte (Indo Global Exchange(s) Pte) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Indo Global Exchange(s) Pte Ltd (OTCPK:IGEX) » Definitions » Long-Term Capital Lease Obligation
Comparable Companies
PHIL AAMTF QMCI DIGAF GAHC IFMI PNPFF GOPH MNTR FGCO TST NHLD FBRC CSGGF SIEB CURN JMP AMRK CFLSF AC
Traded in Other Exchanges
N/A
Address
6400 S. Fiddlers Green, No. 250 No.1012, Greenwood Village, CO, USA, 80111
Website
https://www.indogloex.com
Indo Global Exchange(s) Pte Ltd is a holding company. The company is focusing on developing assets within the pharmaceutical and nutraceutical industries.