White Label Liquid (White Label Liquid) 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 White Label Liquid Long-Term Capital Lease Obligation?

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

White Label Liquid Long-Term Capital Lease Obligation Historical Data

The historical data trend for White Label Liquid'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.

White Label Liquid Long-Term Capital Lease Obligation Chart

White Label Liquid Annual Data

Trend

Long-Term Capital Lease Obligation

White Label Liquid Quarterly Data

Long-Term Capital Lease Obligation

White Label Liquid (OTCPK:WLAB) 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.

White Label Liquid Long-Term Capital Lease Obligation Related Terms

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

White Label Liquid (White Label Liquid) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » White Label Liquid Inc (OTCPK:WLAB) » Definitions » Long-Term Capital Lease Obligation

Traded in Other Exchanges

N/A

Address

1290 Hand Avenue, Suite A, Ormond Beach, FL, USA, 32174

Website

https://www.whitelabelliquid.com

White Label Liquid Inc is a United States-based company that is engaged in manufacturing premium custom-blended CBD, E-Juice, and E-liquid to E-liquid companies, distributors, and dealers. It offers custom blends and flavor options, as well as Vape additives, edibles, oils, creams, and lotions. It also manufactures CBD oil, terpene oil, Vape Liquid, CBD Gummies, infused herbs, pre-filled vape pens, lotions, lip balms, and some more products in the process. Its other offerings include E-liquid and edible manufacturing services.