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Transact Energy (Transact Energy) Long-Term Capital Lease Obligation : $0.00 Mil (As of Dec. 2022)


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What is Transact Energy Long-Term Capital Lease Obligation?

Transact Energy's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2022 was $0.00 Mil.


Transact Energy Long-Term Capital Lease Obligation Historical Data

The historical data trend for Transact Energy'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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Transact Energy Long-Term Capital Lease Obligation Chart

Transact Energy Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Long-Term Capital Lease Obligation
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Transact Energy Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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Transact Energy  (OTCPK:TEGY) 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.

Transact Energy Long-Term Capital Lease Obligation Related Terms

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Transact Energy (Transact Energy) Business Description

Traded in Other Exchanges
N/A
Address
1901 Cornwall Avenue, Suite 367, Bellingham, WA, USA, 98225
Transact Energy Corp is a development stage company, it is engaged in the business of developing and managing zero-emission waste optimization plants globally. The company's zero-emissions waste optimization plant (Z.E.W.O.P.), makes ecological, economic, cultural, and social sense, and provides markets with an emission-free solution utilizing their waste and turning it into products, including fuels that can be used in these domestic markets. Its products include carbon black, phenol resins, ethanol, fertilizer, medium wax, cullet, brick mix, alkanes, aluminum, paraffin wax, and Levoglucosan. The Company has the potential to eliminate landfills and incineration of Municipal Solid Waste in every community.
Executives
Roderick Bartlett director, officer: President, Secretary, Director 1650-1188 W GEORGIA ST, VANCOUVER A1 V6E 4A2
Joseph F. Dickson director 2345 TUCKER RD, NEW WOODSTOCK NY 13122
Desouki Biali director 126 KAHANA NUI RD, LAHAINA HI 96761

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