Valentine Mark (Valentine Mark) Long-Term Capital Lease Obligation : $0.00 Mil (As of . 20)

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

What is Valentine Mark Long-Term Capital Lease Obligation?

Valentine Mark's Long-Term Capital Lease Obligation for the quarter that ended in . 20 was $0.00 Mil.

Valentine Mark Long-Term Capital Lease Obligation Historical Data

The historical data trend for Valentine Mark'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.

Valentine Mark Long-Term Capital Lease Obligation Chart

Valentine Mark Annual Data

Trend

Long-Term Capital Lease Obligation

Valentine Mark Quarterly Data

Long-Term Capital Lease Obligation

Valentine Mark (OTCPK:VTMC) 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.

Valentine Mark Long-Term Capital Lease Obligation Related Terms

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

Valentine Mark (Valentine Mark) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Valentine Mark Corp (OTCPK:VTMC) » Definitions » Long-Term Capital Lease Obligation

Traded in Other Exchanges

N/A

Address

55 West 47 Street, Suite 425, New York, NY, USA, 10036

Website

http://www.vtmc.us

Valentine Mark Corp (VTMC) is a parent company with an interest in Patented Products and their development, Real Estate Investments and developments, and Multiple Products developments. It has acquired several Patents and Trademarks and is committed to develop and introduce revolutionary and patented products to the consumers. The company is also focused on the transformation of undervalued and growth companies in various industries including intellectual property, precious metals, and real estate. VTMC has affiliates and potential partners in Europe, Asia, and the Middle East.

Valentine Mark (Valentine Mark) Headlines

From GuruFocus

VTMC Latest Devevopments Dated: 04-12-2019

By ACCESSWIRE AccessWire • 04-12-2019