Valiant Petroleum (LSE:VPP) Long-Term Capital Lease Obligation : £0.0 Mil (As of Jun. 2012)

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

What is Valiant Petroleum Long-Term Capital Lease Obligation?

Valiant Petroleum's Long-Term Capital Lease Obligation for the quarter that ended in Jun. 2012 was £0.0 Mil.

Valiant Petroleum Long-Term Capital Lease Obligation Historical Data

The historical data trend for Valiant Petroleum'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.

Valiant Petroleum Long-Term Capital Lease Obligation Chart

Valiant Petroleum Annual Data

Trend

Sep06

Sep07

Dec08

Dec09

Dec10

Dec11

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

Valiant Petroleum Semi-Annual Data
	Mar08	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial			-	-	-	-	-

Valiant Petroleum (LSE:VPP) 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.

Valiant Petroleum Long-Term Capital Lease Obligation Related Terms

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

Valiant Petroleum (LSE:VPP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Valiant Petroleum PLC (LSE:VPP) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

Valiant Petroleum (LSE:VPP) Headlines

No Headlines