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Club De Futbol IntercityD (XMAD:CITY) Long-Term Capital Lease Obligation : €0.00 Mil (As of Jun. 2023)


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What is Club De Futbol IntercityD Long-Term Capital Lease Obligation?

Club De Futbol IntercityD's Long-Term Capital Lease Obligation for the quarter that ended in Jun. 2023 was €0.00 Mil.

Club De Futbol IntercityD Long-Term Capital Lease Obligation Historical Data

The historical data trend for Club De Futbol IntercityD'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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Club De Futbol IntercityD Long-Term Capital Lease Obligation Chart

Club De Futbol IntercityD Annual Data
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Club De Futbol IntercityD Semi-Annual Data
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Club De Futbol IntercityD  (XMAD:CITY) 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.

Club De Futbol IntercityD Long-Term Capital Lease Obligation Related Terms

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Club De Futbol IntercityD (XMAD:CITY) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Club De Futbol Intercity SAD (XMAD:CITY) » Definitions » Long-Term Capital Lease Obligation
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Traded in Other Exchanges
2OI:Germany
Address
Polideportivo Sant Joan d'Alacant, Calle San Antonio, Sant Joan d'Alacant, Alicante, ESP, 03550
Website
https://www.cfintercity.com
Club De Futbol Intercity SAD is a soccer club in San Juan de Alicante that plays in the Spanish third division.

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