GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Vestiage Inc (OTCPK:VEST) » Definitions » Long-Term Capital Lease Obligation

VEST (Vestiage) Long-Term Capital Lease Obligation : $0.00 Mil (As of Mar. 2025)


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

What is Vestiage Long-Term Capital Lease Obligation?

Vestiage's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was $0.00 Mil.


Vestiage Long-Term Capital Lease Obligation Historical Data

The historical data trend for Vestiage'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.

Vestiage Long-Term Capital Lease Obligation Chart

Vestiage Annual Data
Trend Dec22 Dec23 Dec24
Long-Term Capital Lease Obligation
- - -

Vestiage Quarterly Data
Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 - - - - -

Vestiage  (OTCPK:VEST) 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.

Vestiage Long-Term Capital Lease Obligation Related Terms

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


Vestiage Business Description

Industry
Traded in Other Exchanges
N/A
Address
89 Queensway, 1113, Lippo Centre Tower 2, Admiralty, HKG
Vestiage Inc is a developmental stage company focused on mergers, acquisitions, and other financial transactions. The Company has not yet implemented its business plan and is currently seeking potential business combination opportunities.

Vestiage Headlines

No Headlines