GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Photoelectron Corp (OTCPK:PECN) » Definitions » Long-Term Capital Lease Obligation

Photoelectron (Photoelectron) Long-Term Capital Lease Obligation : $0.00 Mil (As of Sep. 2002)


View and export this data going back to 1997. Start your Free Trial

What is Photoelectron Long-Term Capital Lease Obligation?

Photoelectron's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2002 was $0.00 Mil.


Photoelectron Long-Term Capital Lease Obligation Historical Data

The historical data trend for Photoelectron'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.

Photoelectron Long-Term Capital Lease Obligation Chart

Photoelectron Annual Data
Trend Dec94 Dec95 Dec96 Dec97 Dec98 Dec99 Dec00 Dec01
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial - - - - -

Photoelectron Quarterly Data
Dec97 Mar98 Jun98 Sep98 Dec98 Mar99 Jun99 Sep99 Dec99 Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02
Long-Term Capital Lease Obligation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Photoelectron  (OTCPK:PECN) 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.

Photoelectron Long-Term Capital Lease Obligation Related Terms

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


Photoelectron (Photoelectron) Business Description

Traded in Other Exchanges
N/A
Address
9 Executive Park Drive, North Billerica, Billerica, MA, USA, 01862
Website
Photoelectron Corp is engaged in the design, development & commercialization of the Photon Radiosurgery System, a proprietary, therapeutic device for the treatment of cancerous tumors through the application of x-ray radiation directly to the tumor site. It is manufacturing miniature x-ray systems for a variety of applications in healthcare and non-healthcare related markets.

Photoelectron (Photoelectron) Headlines

No Headlines