GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Pan European Terminals PLC (LSE:PAN) » Definitions » Long-Term Capital Lease Obligation

Pan European Terminals (LSE:PAN) Long-Term Capital Lease Obligation : £0.00 Mil (As of Dec. 2013)


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

What is Pan European Terminals Long-Term Capital Lease Obligation?

Pan European Terminals's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2013 was £0.00 Mil.


Pan European Terminals Long-Term Capital Lease Obligation Historical Data

The historical data trend for Pan European Terminals'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.

Pan European Terminals Long-Term Capital Lease Obligation Chart

Pan European Terminals Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only - - - - -

Pan European Terminals Semi-Annual Data
Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13
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 - - - - -

Pan European Terminals  (LSE:PAN) 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.

Pan European Terminals Long-Term Capital Lease Obligation Related Terms

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


Pan European Terminals (LSE:PAN) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Pan European Terminals PLC is incorporated in United Kingdom. The Company is engaged in the development and operation of hydrocarbon transhipment terminals in the Netherlands, Denmark and the Russian Federation. It also leases and operates tanks in Rotterdam. The Company also carries out trading in refined products.

Pan European Terminals (LSE:PAN) Headlines

No Headlines