GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Box Ships Inc (OTCPK:TEUFF) » Definitions » Long-Term Capital Lease Obligation

Box Ships (Box Ships) Long-Term Capital Lease Obligation : $0.00 Mil (As of Dec. 2015)


View and export this data going back to 2011. Start your Free Trial

What is Box Ships Long-Term Capital Lease Obligation?

Box Ships's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2015 was $0.00 Mil.


Box Ships Long-Term Capital Lease Obligation Historical Data

The historical data trend for Box Ships'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.

Box Ships Long-Term Capital Lease Obligation Chart

Box Ships Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial - - - - -

Box Ships Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Dec16
Long-Term Capital Lease Obligation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Box Ships  (OTCPK:TEUFF) 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.

Box Ships Long-Term Capital Lease Obligation Related Terms

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


Box Ships (Box Ships) Business Description

Industry
Traded in Other Exchanges
N/A
Address
15, Karamanli Avenue, Voula, GRC, GR 16673
Box Ships Inc is a shipping company specializing in the transportation of containers and the provision of commercial management services to shipping companies. The time charter generates maximum revenue for the company.

Box Ships (Box Ships) Headlines

From GuruFocus

9 High Yield Stocks With Highest Earnings Growth

By Dividend Dividend 12-17-2011

Weekly 3-Year Low Highlight: TEU, KIPO, GNI, PTNT, AHPI

By Jimmy Xiao gurujx 02-16-2014

17 Oversold High-Yields To Consider

By Dividend Dividend 08-22-2012