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Agrico Acquisition (Agrico Acquisition) Long-Term Capital Lease Obligation : $0.00 Mil (As of Mar. 2022)


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What is Agrico Acquisition Long-Term Capital Lease Obligation?

Agrico Acquisition's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2022 was $0.00 Mil.

Agrico Acquisition Long-Term Capital Lease Obligation Historical Data

The historical data trend for Agrico Acquisition'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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Agrico Acquisition Long-Term Capital Lease Obligation Chart

Agrico Acquisition Annual Data
Trend Dec20 Dec21
Long-Term Capital Lease Obligation
- -

Agrico Acquisition Quarterly Data
Jan21 Jun21 Sep21 Dec21 Mar22
Long-Term Capital Lease Obligation - - - - -

Agrico Acquisition  (NAS:RICO) 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.

Agrico Acquisition Long-Term Capital Lease Obligation Related Terms

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Agrico Acquisition (Agrico Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Agrico Acquisition Corp (NAS:RICO) » Definitions » Long-Term Capital Lease Obligation
Comparable Companies
CCAI AMCI CLOE RACY ARYE MITA MLAC RACB BLSA RAM GSHN PSTH XAMS:EPIC ASZ CCYC CVII KAHC DWAC IPOF PBAJ
Traded in Other Exchanges
N/A
Address
Boundary Hall, Cricket Square, Grand Cayman, CYM, KY1-1102
Website
https://www.agrico.co
Agrico Acquisition Corp is formed for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.
Executives
Christopher J. Ornee director, officer: Secretary 109 NORTH POST OAK LANE SUITE 435 HOUSTON TX 77024
John Alexander Baker director 109 NORTH POST OAK LANE SUITE 435 HOUSTON TX 77024
Jong Brent De director, 10 percent owner, officer: Chief Executive Officer BOUNDARY HALL, CRICKET SQUARE, GRAND CAYMAN E9 KY1-1102
Roberto Perez Silva officer: Chief Financial Officer 109 NORTH POST OAK LANE SUITE 435 HOUSTON TX 77024
Brian Zatarain director 109 NORTH POST OAK LANE SUITE 435 HOUSTON TX 77024
Hubbard Jr. Donald C. director 109 NORTH POST OAK LANE SUITE 435 HOUSTON TX 77024
Djcaac Llc 10 percent owner 109 NORTH POST OAK LANE SUITE 435 HOUSTON TX 77024