GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Planet Based Foods Global Inc (XCNQ:PBF) » Definitions » Long-Term Capital Lease Obligation

Planet Based Foods Global (XCNQ:PBF) Long-Term Capital Lease Obligation : C$0.00 Mil (As of Sep. 2023)


View and export this data going back to 2022. Start your Free Trial

What is Planet Based Foods Global Long-Term Capital Lease Obligation?

Planet Based Foods Global's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2023 was C$0.00 Mil.


Planet Based Foods Global Long-Term Capital Lease Obligation Historical Data

The historical data trend for Planet Based Foods Global'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.

Planet Based Foods Global Long-Term Capital Lease Obligation Chart

Planet Based Foods Global Annual Data
Trend Dec21 Dec22
Long-Term Capital Lease Obligation
- -

Planet Based Foods Global Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Long-Term Capital Lease Obligation Get a 7-Day Free Trial - - - - -

Planet Based Foods Global  (XCNQ:PBF) 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.

Planet Based Foods Global Long-Term Capital Lease Obligation Related Terms

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


Planet Based Foods Global (XCNQ:PBF) Business Description

Traded in Other Exchanges
Address
1055 West Hastings Street, Suite 2250, Vancouver, BC, CAN, V6E 2E9
Planet Based Foods Global Inc is focused on producing natural, low processed, and nutritional choices that are better for people and the planet. The Company currently offers vegan meat alternatives derived from hemp proteins including burgers, breakfast sausages, burger crumbles, and sausage crumbles.