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First Rock Real Estate Investments (XJAM:FIRSTROCKUSD) Long-Term Capital Lease Obligation : $0.00 Mil (As of . 20)


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What is First Rock Real Estate Investments Long-Term Capital Lease Obligation?

First Rock Real Estate Investments's Long-Term Capital Lease Obligation for the quarter that ended in . 20 was $0.00 Mil.


First Rock Real Estate Investments Long-Term Capital Lease Obligation Historical Data

The historical data trend for First Rock Real Estate Investments'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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First Rock Real Estate Investments Long-Term Capital Lease Obligation Chart

First Rock Real Estate Investments Annual Data
Trend
Long-Term Capital Lease Obligation

First Rock Real Estate Investments Semi-Annual Data
Long-Term Capital Lease Obligation

First Rock Real Estate Investments  (XJAM:FIRSTROCKUSD) 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.

First Rock Real Estate Investments Long-Term Capital Lease Obligation Related Terms

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First Rock Real Estate Investments (XJAM:FIRSTROCKUSD) Business Description

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Traded in Other Exchanges
Address
Bourbon House, 1 Bourbon Street, Castries, Saint Lucia, JAM
First Rock Real Estate Investments Ltd is engaged in holding investments and controlling the operations of its subsidiaries. The company focus is to provide its shareholders with a tax-efficient vehicle, offering an enhanced level of income, above average dividend yield and preservation of capital through the diversification of assets.

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