Bettermoo(d) Food (XCNQ:MOOO) Long-Term Capital Lease Obligation : C$0.00 Mil (As of Apr. 2024)

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What is Bettermoo(d) Food Long-Term Capital Lease Obligation?

Bettermoo(d) Food's Long-Term Capital Lease Obligation for the quarter that ended in Apr. 2024 was C$0.00 Mil.

Bettermoo(d) Food Long-Term Capital Lease Obligation Historical Data

The historical data trend for Bettermoo(d) Food'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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Bettermoo(d) Food Long-Term Capital Lease Obligation Chart

Bettermoo(d) Food Annual Data

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Long-Term Capital Lease Obligation

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Bettermoo(d) Food Quarterly Data
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Bettermoo(d) Food (XCNQ:MOOO) 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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Bettermoo(d) Food Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Bettermoo(d) Food Corp (XCNQ:MOOO) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

MOOOF:USA 0I5A:Germany 0I5A:Germany 0I5A:Germany

Address

1199 West Hastings Street, Suite 800, Vancouver, BC, CAN, V6E 3T5

Website

https://www.bettermoo.com

Bettermoo(d) Food Corp is a Nut-based dairy alternative company driven by the motto What A Cow Eats and A Human Needs. Based in Vancouver, It offers plant-based dairy alternatives infused with a proprietary blend of herbs and environmentally conscious and vegan food. Its products comprise plant-based Buetter (Butter), Moogurt (Yogurt), Cheese, Ice Cream, Sour Cream, and Creme Fraiche. The company is focused on delivering high-quality products through online and in-store retail platforms. It utilizes social media to deliver educational experiences for its customer base while demonstrating - pioneering beverage technologies.

Executives

Geoffrey Balderson

Director

Bettermoo(d) Food Headlines

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