World Of Wireless International Telecom (World Of Wireless International Telecom) Long-Term Capital Lease Obligation : $0.00 Mil (As of Dec. 2011)

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What is World Of Wireless International Telecom Long-Term Capital Lease Obligation?

World Of Wireless International Telecom's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2011 was $0.00 Mil.

World Of Wireless International Telecom Long-Term Capital Lease Obligation Historical Data

The historical data trend for World Of Wireless International Telecom'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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World Of Wireless International Telecom Long-Term Capital Lease Obligation Chart

World Of Wireless International Telecom Annual Data

Trend

Dec10

Dec11

Long-Term Capital Lease Obligation

World Of Wireless International Telecom Semi-Annual Data
	Dec10	Dec11
Long-Term Capital Lease Obligation	-	-

World Of Wireless International Telecom (OTCPK:WWII) 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.

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World Of Wireless International Telecom (World Of Wireless International Telecom) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » World Of Wireless International Telecom Inc (OTCPK:WWII) » Definitions » Long-Term Capital Lease Obligation

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Address

65 Enterprise, Aliso Viejo, CA, USA, 92656

Website

https://www.wowitel.com

World Of Wireless International Telecom Inc engages in the wireless communications industry. The company focuses on prepaid unlimited wifi softphone services for voice, text, data and streaming with or without dedicated connection to a Hot Spot or wifi network, development, and release of new applications for broad market appeal globally after the proprietary app is released, the company offers white-label services for third-party networks to build their own applications and operate through the company's network available, municipal wireless implementation in the United States.

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