Evendo AB (XSAT:EVENDO B) Long-Term Capital Lease Obligation : kr0.00 Mil (As of Mar. 2018)

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What is Evendo AB Long-Term Capital Lease Obligation?

Evendo AB's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2018 was kr0.00 Mil.

Evendo AB Long-Term Capital Lease Obligation Historical Data

The historical data trend for Evendo AB'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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Evendo AB Long-Term Capital Lease Obligation Chart

Evendo AB Annual Data

Trend

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Long-Term Capital Lease Obligation

Evendo AB Quarterly Data
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Evendo AB (XSAT:EVENDO B) 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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Evendo AB (XSAT:EVENDO B) Business Description

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GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Evendo AB (XSAT:EVENDO B) » Definitions » Long-Term Capital Lease Obligation

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Address

Website

https://www.adonnews.com

Adonnews Sweden AB, formerly known as Mobile Loyalty Holding AB is a media technology company. The company's product ADONnews business system enables news media and web sites to meet the needs of Small and medium enterprises to reach their local customers through the computer, tablet and mobile phone in an easy and cost-effective way.

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