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Immo Genk Zuid (XBRU:GENK) Long-Term Capital Lease Obligation : €0.00 Mil (As of May. 2021)


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What is Immo Genk Zuid Long-Term Capital Lease Obligation?

Immo Genk Zuid's Long-Term Capital Lease Obligation for the quarter that ended in May. 2021 was €0.00 Mil.


Immo Genk Zuid Long-Term Capital Lease Obligation Historical Data

The historical data trend for Immo Genk Zuid'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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Immo Genk Zuid Long-Term Capital Lease Obligation Chart

Immo Genk Zuid Annual Data
Trend Nov10 Nov11 Nov12 Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19
Long-Term Capital Lease Obligation
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Immo Genk Zuid Semi-Annual Data
May11 Nov11 May12 Nov12 May13 Nov13 May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 May21
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Immo Genk Zuid  (XBRU:GENK) 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.

Immo Genk Zuid Long-Term Capital Lease Obligation Related Terms

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Immo Genk Zuid (XBRU:GENK) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Avenue du Port 12, Brussels, BEL, 1080
Immo Genk Zuid is engaged in real estate business.