GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Trustfeed Corp (OTCPK:TRFE) » Definitions » Long-Term Capital Lease Obligation

TRFE (Trustfeed) Long-Term Capital Lease Obligation : $0.00 Mil (As of Jun. 2024)


View and export this data going back to 2007. Start your Free Trial

What is Trustfeed Long-Term Capital Lease Obligation?

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


Trustfeed Long-Term Capital Lease Obligation Historical Data

The historical data trend for Trustfeed'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.

Trustfeed Long-Term Capital Lease Obligation Chart

Trustfeed Annual Data
Trend Dec07 Dec08 Dec09 Dec22 Dec23
Long-Term Capital Lease Obligation
- - - - -

Trustfeed Quarterly Data
Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 - - - - -

Trustfeed  (OTCPK:TRFE) 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.

Trustfeed Long-Term Capital Lease Obligation Related Terms

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


Trustfeed Business Description

Traded in Other Exchanges
N/A
Address
140 Broadway, 46th Floor, New York, NY, USA, 10005
Trustfeed Corp is a technology company. The company offers software-as-a-service (SaaS) based applications and services to its business and consumer.
Executives
Rasmus Refer director, 10 percent owner, officer: CEO and CFO 315 MONTGOMERY STREET, SAN FRANCISCO CA 94104