GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Agrico Acquisition Corp (NAS:RICOW) » Definitions » Long-Term Capital Lease Obligation

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


View and export this data going back to 2021. Start your Free Trial

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.

* Premium members only.

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:RICOW) 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

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

Agrico Acquisition (Agrico Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Agrico Acquisition Corp (NAS:RICOW) » 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.