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TEAF (Tortoise Essential Assetsome Term) Long-Term Capital Lease Obligation : $0.00 Mil (As of May. 2024)


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What is Tortoise Essential Assetsome Term Long-Term Capital Lease Obligation?

Tortoise Essential Assetsome Term's Long-Term Capital Lease Obligation for the quarter that ended in May. 2024 was $0.00 Mil.


Tortoise Essential Assetsome Term Long-Term Capital Lease Obligation Historical Data

The historical data trend for Tortoise Essential Assetsome Term'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.

Tortoise Essential Assetsome Term Long-Term Capital Lease Obligation Chart

Tortoise Essential Assetsome Term Annual Data
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Long-Term Capital Lease Obligation
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Tortoise Essential Assetsome Term Semi-Annual Data
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Tortoise Essential Assetsome Term  (NYSE:TEAF) 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.

Tortoise Essential Assetsome Term Long-Term Capital Lease Obligation Related Terms

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Tortoise Essential Assetsome Term Business Description

Traded in Other Exchanges
N/A
Address
6363 College Boulevard, Suite 100A, Overland Park, KS, USA, 66211
Tortoise Essential Assets Income Term is a US-based non-diversified, closed-end management investment company. Its investment objective is to provide common shareholders with a high level of total return with an emphasis on current distributions.
Executives
Ciccotello Conrad S director 5100 W. 115TH PLACE, LEAWOOD KS 66211
Katherine Moore officer: President, other: Member of Investment Committee 5100 W. 115TH PLACE, LEAWOOD KS 66211
Jennifer Paquette director 5100 W. 115TH PLACE, LEAWOOD KS 66211
H Kevin Birzer director, other: MEMBER, INVESTMENT COMMITTEE 5100 W. 115TH PLACE, LEAWOOD KS 66211
Alexandra Herger director 5100 W. 115TH PLACE, LEAWOOD KS 66211
P. Bradley Adams officer: CFO, PFO & TREASURER 5100 W. 115TH PLACE, LEAWOOD KS 66211
Rand C Berney director 11550 ASH STREET, SUITE 300, LEAWOOD KS 66211
Sean Paul Wickliffe officer: Vice President & Asst Treas. 6363 COLLEGE BOULEVARD, OVERLAND PARK KS 66211
Gregory Daniel Murphy other: Member of Investment Committee 6363 COLLEGE BOULEVARD, OVERLAND PARK KS 66211
Prashanth Prakash other: Member of Investment Committee 15 RIVER ROAD, WILTON CT 06897
Lamaze Jean-hugues De other: Member of Investment Committee C/O 5100 W. 115TH PLACE, LEAWOOD KS 66211
Maneesh Jhunjhunwala other: Member of Investment Committee 5100 W. 115TH PLACE, LEAWOOD KS 66211
Gary Paul Henson other: DIR.; MEMBER OF INV. COMM.^ 5100 W. 115TH PLACE, LEAWOOD KS 66211
Ryan Channell officer: Vice President 5100 W. 115TH PLACE, LEAWOOD KS 66211
Gengler Courtney officer: Vice President 5200 W. 115TH PLACE, LEAWOOD KS 66211