Datable Technology (Datable Technology) Long-Term Capital Lease Obligation : $0.00 Mil (As of Sep. 2023)

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What is Datable Technology Long-Term Capital Lease Obligation?

Datable Technology's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil.

Datable Technology's quarterly Long-Term Capital Lease Obligation declined from Mar. 2023 ($0.02 Mil) to Jun. 2023 ($0.00 Mil) and declined from Jun. 2023 ($0.00 Mil) to Sep. 2023 ($0.00 Mil).

Datable Technology's annual Long-Term Capital Lease Obligation increased from Dec. 2020 ($0.00 Mil) to Dec. 2021 ($0.10 Mil) but then declined from Dec. 2021 ($0.10 Mil) to Dec. 2022 ($0.03 Mil).

Datable Technology Long-Term Capital Lease Obligation Historical Data

The historical data trend for Datable Technology'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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Datable Technology Long-Term Capital Lease Obligation Chart

Datable Technology Annual Data

Trend

May13

May14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Long-Term Capital Lease Obligation

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0.05

0.10

0.03

Datable Technology Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															0.06	0.03	0.02	-	-

Datable Technology (OTCPK:TTMZF) 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.

Datable Technology Long-Term Capital Lease Obligation Related Terms

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Datable Technology (Datable Technology) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Datable Technology Corp (OTCPK:TTMZF) » Definitions » Long-Term Capital Lease Obligation

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DAC:Canada

Address

1062 Homer Street, Suite 301, Vancouver, BC, CAN, V6B 2W9

Website

https://www.datablecorp.com

Datable Technology Corp is a Canada-based technology company. It is operating in the consumer Internet advertising sector. It is a provider of digital and social media consumer engagement, data mining, and loyalty solutions. The company's core product is Platform3, a Software-as-a-Service consumer marketing platform, which enables consumer packaged goods companies and consumer brands to engage consumers and influence purchasing decisions through their mobile devices and online. Its geographical segments are Canada and the United States, of which the majority of its revenue comes from the United States.

Datable Technology (Datable Technology) Headlines

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