Theglobe.com (Theglobe.com) Long-Term Capital Lease Obligation : $0.00 Mil (As of Mar. 2024)

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What is Theglobe.com Long-Term Capital Lease Obligation?

Theglobe.com's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil.

Theglobe.com Long-Term Capital Lease Obligation Historical Data

The historical data trend for Theglobe.com'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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Theglobe.com Long-Term Capital Lease Obligation Chart

Theglobe.com Annual Data

Trend

Dec14

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Long-Term Capital Lease Obligation

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Theglobe.com Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															-	-	-	-	-

Theglobe.com (OTCPK:TGLO) 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.

Theglobe.com Long-Term Capital Lease Obligation Related Terms

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Theglobe.com (Theglobe.com) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Theglobe.com Inc (OTCPK:TGLO) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

C/o Toombs Hall and Foster, 14643 Dallas parkway, Suite 650, Dallas, TX, USA, 75254

Website

http://www.theglobe.com

Theglobe.com Inc is a shell company.

Executives

Frederick P. Jones	director, officer: Chairman, President, CEO, CFO	C/O THEGLOBE.COM, INC., 5949 SHERRY LANE, SUITE 950, DALLAS TX 75225
William R Nichols	director, officer: See Remarks	C/O FAIRWOOD PENINSULA ENERGY, 5949 SHERRY LANE, SUITE 950, DALLAS TX 75225
Fairwood Peninsula Energy Corp	10 percent owner	5949 SHERRY LANE, SUITE 950, DALLAS TX 75225
Delfin Midstream Llc	10 percent owner	5949 SHERRY LANE, SUITE 950, DALLAS TX 75225
Registry Management Company, Llc	10 percent owner	110 E. BROWARD BLVD., SUITE 1400, FORT LAUDERDALE FL 33301
Bear Investments Dancing	10 percent owner	333 E LAS OLAS BLVD, FT LAUDERDALE FL 33301
Robin Segaul Lebowitz	director, officer: Vice President
E&c Capital Partners Ii, Lllp 2006 Intangible Irrevocable Trust	10 percent owner	110 E. BROWARD BOULEVARD, SUITE 1400, FORT LAUDERDALE FL 33301
Egan Family Grats 2006 Intangible Irrevocable Trust	10 percent owner	110 E. BROWARD BOULEVARD, SUITE 1400, FORT LAUDERDALE FL 33301
E&c Capital Partners, Lllp 2006 Intangible Irrevocable Trust	10 percent owner	110 E. BROWARD BOULEVARD, SUITE 1400, FORT LAUDERDALE FL 33301
E&c Capital Partners Ii, Ltd.	10 percent owner	110 E. BROWARD BOULEVARD, SUITE 1400, FORT LAUDERDALE FL 33301
E&c Capital Partners, Lllp 2005 Intangible Irrevocable Trust	10 percent owner	110 E. BROWARD BOULEVARD, 14TH FLOOR, FORT LAUDERDALE FL 33301
Harry Greene	other: Group 10% Owner	877 EXECUTIVE CENTER DRIVE W., SUITE 300, ST. PETERSBURG FL 33702
Paul Soltoff	director	877 EXECUTIVE CENTER DRIVE W., SUITE 300, ST. PETERSBURG FL 33702
Eric Obeck	other: Group 10% Owner	877 EXECUTIVE CENTER DRIVE W., SUITE 300, ST. PETERSBURG FL 33702

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