Wegener (Wegener) Long-Term Capital Lease Obligation : $0.00 Mil (As of May. 2012)

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What is Wegener Long-Term Capital Lease Obligation?

Wegener's Long-Term Capital Lease Obligation for the quarter that ended in May. 2012 was $0.00 Mil.

Wegener Long-Term Capital Lease Obligation Historical Data

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

Wegener Annual Data

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Long-Term Capital Lease Obligation

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Wegener Quarterly Data
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Wegener (OTCPK:WGNR) 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.

Wegener Long-Term Capital Lease Obligation Related Terms

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Wegener (Wegener) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Wegener Corp (OTCPK:WGNR) » Definitions » Long-Term Capital Lease Obligation

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Traded in Other Exchanges

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Address

930 Interstate Ridge Drive, Suite A, Gainesville, GA, USA, 30501

Website

https://www.wegener.com

Wegener Corp is engaged in Manufacturing and sale of electronic products and systems primarily for the radio broadcast market and digital signage market. Its product line includes iPump media servers, digital signage applications, and audio and data networks.

Executives

David W Wright

director

Wegener (Wegener) Headlines

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