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PBS Holding (PBS Holding) Long-Term Capital Lease Obligation : $0.00 Mil (As of Mar. 2007)


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What is PBS Holding Long-Term Capital Lease Obligation?

PBS Holding's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2007 was $0.00 Mil.


PBS Holding Long-Term Capital Lease Obligation Historical Data

The historical data trend for PBS Holding'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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PBS Holding Long-Term Capital Lease Obligation Chart

PBS Holding Annual Data
Trend Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06
Long-Term Capital Lease Obligation
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PBS Holding Quarterly Data
Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07
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PBS Holding  (OTCPK:PBHG) 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.

PBS Holding Long-Term Capital Lease Obligation Related Terms

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PBS Holding (PBS Holding) Business Description

Industry
Traded in Other Exchanges
N/A
Address
1712 Pioneer Avenue, Cheyenne, WY, USA, 82001
PBS Holding Inc is the parent of its wholly-owned subsidiary; Starfest Direct, Inc. The original business of the Company is to operate in the human resources outsourcing industries with particular emphasis on the professional employer organization (PEO) industry and the temporary staffing services industry.

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