LZENF (Lizhan Environmental) Long-Term Capital Lease Obligation : $0.00 Mil (As of Mar. 2012)

View and export this data going back to 2010. Start your Free Trial

What is Lizhan Environmental Long-Term Capital Lease Obligation?

Lizhan Environmental's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2012 was $0.00 Mil.

Lizhan Environmental Long-Term Capital Lease Obligation Historical Data

The historical data trend for Lizhan Environmental'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.

Lizhan Environmental Long-Term Capital Lease Obligation Chart

Lizhan Environmental Annual Data

Trend

Sep08

Sep09

Sep10

Sep11

Long-Term Capital Lease Obligation

Lizhan Environmental Quarterly Data
	Sep08	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Mar12
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial							-	-	-	-	-

Lizhan Environmental (OTCPK:LZENF) 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.

Lizhan Environmental Long-Term Capital Lease Obligation Related Terms

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

Lizhan Environmental Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Lizhan Environmental Corp (OTCPK:LZENF) » Definitions » Long-Term Capital Lease Obligation

Traded in Other Exchanges

N/A

Address

No. 716, Qifu Road, Wutong Street, Tongxiang, Zhejiang Province, CHN, 314500

Website

http://gb.lzencorp.com/

Lizhan Environmental Corp manufactures, distributes and markets synthetic leather and other fabrics from recycled leather waste, among other materials. It's products used in the production of residential and office furniture, garments, automotive upholstery products, and various consumer applications. It sells domestically in China and export to distributors and manufacturers in the United States and other foreign countries.

Lizhan Environmental Headlines

No Headlines