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World Wireless Communications (World Wireless Communications) Long-Term Capital Lease Obligation : $0.02 Mil (As of Dec. 2002)


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What is World Wireless Communications Long-Term Capital Lease Obligation?

World Wireless Communications's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2002 was $0.02 Mil.

World Wireless Communications's quarterly Long-Term Capital Lease Obligation declined from Jun. 2002 ($0.00 Mil) to Sep. 2002 ($0.00 Mil) but then increased from Sep. 2002 ($0.00 Mil) to Dec. 2002 ($0.02 Mil).

World Wireless Communications's annual Long-Term Capital Lease Obligation increased from Dec. 2000 ($0.00 Mil) to Dec. 2001 ($0.00 Mil) and increased from Dec. 2001 ($0.00 Mil) to Dec. 2002 ($0.02 Mil).


World Wireless Communications Long-Term Capital Lease Obligation Historical Data

The historical data trend for World Wireless Communications'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 Wireless Communications Long-Term Capital Lease Obligation Chart

World Wireless Communications Annual Data
Trend Dec99 Dec00 Dec01 Dec02
Long-Term Capital Lease Obligation
- - - 0.02

World Wireless Communications Quarterly Data
Mar99 Jun99 Sep99 Dec99 Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02
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 Premium Member Only Premium Member Only Premium Member Only - - - - 0.02

World Wireless Communications  (OTCPK:WWRL) 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.

World Wireless Communications Long-Term Capital Lease Obligation Related Terms

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World Wireless Communications (World Wireless Communications) Business Description

Traded in Other Exchanges
N/A
Address
5670 Greenwood Plaza Blvd., Penthouse, Greenwood Village, CO, USA, 80111
World Wireless Communications Inc is a telecom service provider in the United States. The firm is engaged as a developer of wired and wireless telemetry and remote control systems.
Executives
Marty Steinberg 10 percent owner 1111 BRICKELL AVENUE SUITE 2500, MIAMI FL 33131

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