ICEsoft Technologies Canada (XCNQ:ISFT) Long-Term Capital Lease Obligation : C$0.00 Mil (As of Dec. 2023)

View and export this data going back to 2019. Start your Free Trial

What is ICEsoft Technologies Canada Long-Term Capital Lease Obligation?

ICEsoft Technologies Canada's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.00 Mil.

ICEsoft Technologies Canada Long-Term Capital Lease Obligation Historical Data

The historical data trend for ICEsoft Technologies Canada'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.

ICEsoft Technologies Canada Long-Term Capital Lease Obligation Chart

ICEsoft Technologies Canada Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

0.03

ICEsoft Technologies Canada Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															-	-	-	-	-

ICEsoft Technologies Canada (XCNQ:ISFT) 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.

ICEsoft Technologies Canada Long-Term Capital Lease Obligation Related Terms

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

ICEsoft Technologies Canada (XCNQ:ISFT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » ICEsoft Technologies Canada Corp (XCNQ:ISFT) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

3553 31st St. NW, Suite 261, Calgary, AB, CAN, T2L 2K7

Website

https://www.icesoft.com

ICEsoft Technologies Canada Corp and its subsidiaries are commercial Java open-source technology companies and providers of mobile-rich Internet applications development solutions for desktop and mobile enterprises. The solutions offered by the company include Voyent Alert, ICEfaces, and ICEpdf.

Executives

Steven Mark Francis	Director
Brian Clifford Mckinney	10% Security Holder, Director, Senior Officer

ICEsoft Technologies Canada (XCNQ:ISFT) Headlines

No Headlines