Eviana Health (XCNQ:EHC) Long-Term Capital Lease Obligation : C$0.00 Mil (As of Mar. 2019)

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What is Eviana Health Long-Term Capital Lease Obligation?

Eviana Health's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2019 was C$0.00 Mil.

Eviana Health's quarterly Long-Term Capital Lease Obligation declined from Sep. 2018 (C$0.02 Mil) to Dec. 2018 (C$0.01 Mil) and declined from Dec. 2018 (C$0.01 Mil) to Mar. 2019 (C$0.00 Mil).

Eviana Health's annual Long-Term Capital Lease Obligation stayed the same from Jun. 2016 (C$0.00 Mil) to Jun. 2017 (C$0.00 Mil) but then increased from Jun. 2017 (C$0.00 Mil) to Jun. 2018 (C$0.02 Mil).

Eviana Health Long-Term Capital Lease Obligation Historical Data

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

Eviana Health Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Long-Term Capital Lease Obligation

0.02

Eviana Health Quarterly Data
	Jun15	Mar16	Jun16	Sep16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial								-	0.02	0.02	0.01	-

Eviana Health (XCNQ:EHC) 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.

Eviana Health Long-Term Capital Lease Obligation Related Terms

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Eviana Health (XCNQ:EHC) Business Description

Industry

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Address

5728 East Boulevard, Vancouver, BC, CAN, V6M 4M4

Website

http://www.eviana.ca

Eviana Health Corp produces and sells cannabinoid products from natural hemp strains of cannabis sativa for consumer health-care products, pharmaceuticals, nutraceuticals, and cosmeceuticals, as well as for topical creams and other health and wellness products.