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Mobile Matchmaking (Mobile Matchmaking) Long-Term Capital Lease Obligation : $0.00 Mil (As of . 20)


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What is Mobile Matchmaking Long-Term Capital Lease Obligation?

Mobile Matchmaking's Long-Term Capital Lease Obligation for the quarter that ended in . 20 was $0.00 Mil.


Mobile Matchmaking Long-Term Capital Lease Obligation Historical Data

The historical data trend for Mobile Matchmaking'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.

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Mobile Matchmaking Long-Term Capital Lease Obligation Chart

Mobile Matchmaking Annual Data
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Long-Term Capital Lease Obligation

Mobile Matchmaking Quarterly Data
Long-Term Capital Lease Obligation

Mobile Matchmaking  (GREY:MLOV) 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.

Mobile Matchmaking Long-Term Capital Lease Obligation Related Terms

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Mobile Matchmaking (Mobile Matchmaking) Business Description

Traded in Other Exchanges
N/A
Address
15466 Los Gatos Boulevard, Suite 109-259, Los Gatos, CA, USA, 95032
Mobile Matchmaking Inc provides a unique mobile dating experience, tailored to fit today's mobile Lifestyle. It offers a wide variety of mobile dating services, appealing to users of different ages, backgrounds and social interests. Categories include: (Traditional, Casual, Niche, Age, Religion and Social Discovery).

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