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Camelot Ghana (XGHA:CMLT) Long-Term Capital Lease Obligation : GHS0.00 Mil (As of Dec. 2020)


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What is Camelot Ghana Long-Term Capital Lease Obligation?

Camelot Ghana's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2020 was GHS0.00 Mil.


Camelot Ghana Long-Term Capital Lease Obligation Historical Data

The historical data trend for Camelot Ghana'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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Camelot Ghana Long-Term Capital Lease Obligation Chart

Camelot Ghana Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Long-Term Capital Lease Obligation
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Camelot Ghana Semi-Annual Data
Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
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Camelot Ghana  (XGHA:CMLT) 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.

Camelot Ghana Long-Term Capital Lease Obligation Related Terms

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Camelot Ghana (XGHA:CMLT) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Osu - La Road, A970 H/No. F.378/3, Osu, P.O. Box M191, Opposite Ghana Commercial Bank Osu Branch, Accra, GHA
Camelot Ghana Ltd engages in the printing of security documents and business forms. It is involved in security printing, business forms manufacture, and design facility. The company focuses on three production lines: security stationery, continuous and cut sheet stationery, and Local Government. Under the security stationary, the company offers cheque printing, voucher printing, ticket printing, etc. Under the continuous and cut sheet stationery the company offers Insurance Company Forms, Optical Character Recognition (OCR) Forms, Bankers Drafts, Listing Paper - standard and special size, and Airline Board Passes. Under the Local Government stationary, the company offers council tax forms, poll cards, electoral ballot papers, revenue collection tickets, receipts, payroll stationery, etc.

Camelot Ghana (XGHA:CMLT) Headlines

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