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Sante Technology Holdings (Sante Technology Holdings) Long-Term Capital Lease Obligation : $0.00 Mil (As of . 20)


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What is Sante Technology Holdings Long-Term Capital Lease Obligation?

Sante Technology Holdings's Long-Term Capital Lease Obligation for the quarter that ended in . 20 was $0.00 Mil.


Sante Technology Holdings Long-Term Capital Lease Obligation Historical Data

The historical data trend for Sante Technology Holdings'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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Sante Technology Holdings Long-Term Capital Lease Obligation Chart

Sante Technology Holdings Annual Data
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Sante Technology Holdings Semi-Annual Data
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Sante Technology Holdings  (OTCPK:SNTE) 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.

Sante Technology Holdings Long-Term Capital Lease Obligation Related Terms

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Sante Technology Holdings (Sante Technology Holdings) Business Description

Traded in Other Exchanges
N/A
Address
2875 Queens Way, Thousand Oaks, CA, USA, 91362
Sante Technology Holdings Inc. is a holding company that, through its subsidiaries, engages in semiconductors, the Internet of Things (IoT), and biotechnology. SNTE empowers small companies with a better business environment for their rapid growth.

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