Stop Sleep Go (Stop Sleep Go) Long-Term Capital Lease Obligation : $0.00 Mil (As of Jul. 2016)

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What is Stop Sleep Go Long-Term Capital Lease Obligation?

Stop Sleep Go's Long-Term Capital Lease Obligation for the quarter that ended in Jul. 2016 was $0.00 Mil.

Stop Sleep Go Long-Term Capital Lease Obligation Historical Data

The historical data trend for Stop Sleep Go'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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Stop Sleep Go Long-Term Capital Lease Obligation Chart

Stop Sleep Go Annual Data

Trend

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Long-Term Capital Lease Obligation

Stop Sleep Go Quarterly Data
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Long-Term Capital Lease Obligation	Get a 7-Day Free Trial										-	-	-	-	-

Stop Sleep Go (OTCPK:SSGOF) 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.

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Stop Sleep Go (Stop Sleep Go) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Stop Sleep Go Inc (OTCPK:SSGOF) » Definitions » Long-Term Capital Lease Obligation

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Traded in Other Exchanges

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Address

8 Hysan Avenue, 2/Floor, Eton Tower, Causeway Bay, Hong Kong, HKG

Website

http://www.interactive-auction.com

Stop Sleep Go Inc is active in the retail industry. The company focuses on operating as an internet marketer, auctioneer, dealer and broker of various products and services relating to fine art, fashion, and design. It also focuses on operating as a facilitator and intermediary to all those purveyors of specialized goods that it provides through its onsite broadcasts. It also plans to operate a real-time auction Internet streaming broadcast from various geographic locations around the world that will focus specifically on representing and promoting distinct goods.

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