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Upstryve (Upstryve) Long-Term Capital Lease Obligation : $0.00 Mil (As of May. 2021)


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What is Upstryve Long-Term Capital Lease Obligation?

Upstryve's Long-Term Capital Lease Obligation for the quarter that ended in May. 2021 was $0.00 Mil.

Upstryve's quarterly Long-Term Capital Lease Obligation increased from May. 2016 ($0.00 Mil) to Oct. 2017 ($0.05 Mil) but then declined from Oct. 2017 ($0.05 Mil) to May. 2021 ($0.00 Mil).

Upstryve's annual Long-Term Capital Lease Obligation increased from May. 2016 ($0.00 Mil) to Oct. 2017 ($0.05 Mil) but then declined from Oct. 2017 ($0.05 Mil) to May. 2021 ($0.00 Mil).

Upstryve Long-Term Capital Lease Obligation Historical Data

The historical data trend for Upstryve'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.

Upstryve Long-Term Capital Lease Obligation Chart

Upstryve Annual Data
Trend May12 May13 May14 May15 May16 Oct17 May21
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial - - - 0.05 -

Upstryve Semi-Annual Data
May12 May13 May14 May15 May16 Oct17 May21
Long-Term Capital Lease Obligation Get a 7-Day Free Trial - - - 0.05 -

Upstryve  (OTCPK:PBYA) 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.

Upstryve Long-Term Capital Lease Obligation Related Terms

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Upstryve (Upstryve) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Upstryve Inc (OTCPK:PBYA) » Definitions » Long-Term Capital Lease Obligation
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Traded in Other Exchanges
N/A
Address
4400 Sample Road, Suite 140, Coconut Creek, FL, USA, 33073
Website
https://www.upstryve.com
Upstryve Inc is a tutoring platform dedicated to providing aspiring professionals an affordable learning experience. It provides 1-on-1 personalized online exam and licensing prep for professionals to pass their state or national exams and get their license. The company uses its proprietary matching platform to link aspiring professionals with expert tutors and instructors.
Executives
Noah Isidore Davis director, 10 percent owner, officer: Chief Operating Officer 1517 SAN JACINTO, HOUSTON TX 77002
Evan Levine director, officer: Chief Executive Officer 1517 SAN JACINTO ST., HOUSTON TX 77002
Steven M Plumb director, 10 percent owner, officer: Chief Financial Officer 5300 NORTH BREASEWOOD, PMB #370, HOUSTON TX 77096-3317
Hilary Brooke Davis 10 percent owner 1517 SAN JACINTO, HOUSTON TX 77002
James Sapirstein director 1517 SAN JACINTO, HOUSTON TX 77002
Corbin Richard Joseph Jr director C/O PROBILITY MEDIA CORPORATION, 1517 SAN JACINTO STREET, HOUSTON TX 77002
John Thomas Norton director C/O PROBILITY MEDIA CORPORATION, 1517 SAN JACINTO ST., HOUSTON TX 77002
Heinz Josef Lenz director 2002 GLEN ALLEN LANE, ALTADENA CA 91001
David J Moss director C/O PEGASI ENERGY RESOURCES CORPORATION, 218 N. BROADWAY, SUITE 204, TYLER TX 75702
Richard P Rainey officer: President,CEO,CFO,Treas.,Secr. AVAX TECHNOLOGIES INC, 9200 INDIANA CREEK PARKWAY, OVERLAND KS 66210
Irwin Zalcberg director, 10 percent owner 52118 LAKE PARK DRIVE, GRAND BEACH MI 49117
Roldis Estevez 10 percent owner, other: Former Officer & Director 6800 SW 40TH STREET, #213, MIAMI FL 33155
Christopher Ellerbeck 10 percent owner 6800 SW 40TH STREET, #213, MIAMI FL 33155
Jayesh Mehta director, 10 percent owner 474 N LAKE SHORE DR APT 5906, CHICAGO IL 60611