GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Frontera Resources Corp (LSE:FRR) » Definitions » Long-Term Capital Lease Obligation

Frontera Resources (LSE:FRR) Long-Term Capital Lease Obligation : £0.00 Mil (As of Jun. 2018)


View and export this data going back to 2005. Start your Free Trial

What is Frontera Resources Long-Term Capital Lease Obligation?

Frontera Resources's Long-Term Capital Lease Obligation for the quarter that ended in Jun. 2018 was £0.00 Mil.

Frontera Resources's quarterly Long-Term Capital Lease Obligation declined from Jun. 2017 (£0.01 Mil) to Dec. 2017 (£0.00 Mil) and declined from Dec. 2017 (£0.00 Mil) to Jun. 2018 (£0.00 Mil).

Frontera Resources's annual Long-Term Capital Lease Obligation declined from Dec. 2015 (£0.01 Mil) to Dec. 2016 (£0.01 Mil) and declined from Dec. 2016 (£0.01 Mil) to Dec. 2017 (£0.00 Mil).


Frontera Resources Long-Term Capital Lease Obligation Historical Data

The historical data trend for Frontera 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.

* Premium members only.

Frontera Resources Long-Term Capital Lease Obligation Chart

Frontera Resources Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.02 0.01 0.01 -

Frontera Resources Semi-Annual Data
Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18
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 0.01 0.01 0.01 - -

Frontera Resources  (LSE:FRR) 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.

Frontera Resources Long-Term Capital Lease Obligation Related Terms

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


Frontera Resources (LSE:FRR) Business Description

Industry
Traded in Other Exchanges
N/A
Address
3040 Post Oak Boulevard, Suite 1100, Houston, TX, USA, 77056
Frontera Resources Corp is an international oil and gas exploration and production company. The company, along with its subsidiaries is principally engaged in the development of oil and gas projects. The company develops reserves in known hydrocarbon-bearing basins in the Republic of Georgia. Frontera's current focus is targeted on exploiting a Greater Black Sea initiative, regionally building from its core operations in the country of Georgia.

Frontera Resources (LSE:FRR) Headlines

No Headlines