Casa Emtia Petrol Kimyevi Ve Turevlerinayi Ticaret AS (IST:CASA) Long-Term Capital Lease Obligation : ₺0.0 Mil (As of Sep. 2022)

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What is Casa Emtia Petrol Kimyevi Ve Turevlerinayi Ticaret AS Long-Term Capital Lease Obligation?

Casa Emtia Petrol Kimyevi Ve Turevlerinayi Ticaret AS's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2022 was ₺0.0 Mil.

Casa Emtia Petrol Kimyevi Ve Turevlerinayi Ticaret AS Long-Term Capital Lease Obligation Historical Data

The historical data trend for Casa Emtia Petrol Kimyevi Ve Turevlerinayi Ticaret AS'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.
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Casa Emtia Petrol Kimyevi Ve Turevlerinayi Ticaret AS Long-Term Capital Lease Obligation Chart

Casa Emtia Petrol Kimyevi Ve Turevlerinayi Ticaret AS Annual Data

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Long-Term Capital Lease Obligation

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Casa Emtia Petrol Kimyevi Ve Turevlerinayi Ticaret AS Quarterly Data
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Casa Emtia Petrol Kimyevi Ve Turevlerinayi Ticaret AS (IST:CASA) 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.

Casa Emtia Petrol Kimyevi Ve Turevlerinayi Ticaret AS Long-Term Capital Lease Obligation Related Terms

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Casa Emtia Petrol Kimyevi Ve Turevlerinayi Ticaret AS (IST:CASA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Casa Emtia Petrol Kimyevi Ve Turevleri Sanayi Ticaret AS (IST:CASA) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

Cengelkoy Mh. Ulus Cd. No: 25/1, Beykoz, Istanbul, TUR

Website

http://www.casaemtia.com.tr

Casa Emtia Petrol Kimyevi Ve Turevleri Sanayi Ticaret AS is engaged in production of fish flour / fish oil. The company engages in juvenile fish and fish breeding. Its activity also includes real estate buying and selling.

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