Ugotur AD Skopje (XMAE:RZUG) Long-Term Capital Lease Obligation : MKD0.00 Mil (As of . 20)

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What is Ugotur AD Skopje Long-Term Capital Lease Obligation?

Ugotur AD Skopje's Long-Term Capital Lease Obligation for the quarter that ended in . 20 was MKD0.00 Mil.

Ugotur AD Skopje Long-Term Capital Lease Obligation Historical Data

The historical data trend for Ugotur AD Skopje'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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Ugotur AD Skopje Long-Term Capital Lease Obligation Chart

Ugotur AD Skopje Annual Data

Trend

Long-Term Capital Lease Obligation

Ugotur AD Skopje Semi-Annual Data

Long-Term Capital Lease Obligation

Ugotur AD Skopje (XMAE:RZUG) 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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Ugotur AD Skopje (XMAE:RZUG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Ugotur AD Skopje (XMAE:RZUG) » Definitions » Long-Term Capital Lease Obligation

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Traded in Other Exchanges

N/A

Address

ul.16 Makedonska brigada br.18, Skopje, MKD, 1000

Website

http://www.ugotur.com.mk

Ugotur AD Skopje is engaged in the preparation, distribution and serving of finished products in the field of organized nutrition workers. It also organizes various presentations, cocktails and business lunches.

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