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SA de Deportes Club de Golfntiago (XSGO:GOLF) Long-Term Capital Lease Obligation : CLP0.00 Mil (As of Dec. 2011)


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What is SA de Deportes Club de Golfntiago Long-Term Capital Lease Obligation?

SA de Deportes Club de Golfntiago's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2011 was CLP0.00 Mil.


SA de Deportes Club de Golfntiago Long-Term Capital Lease Obligation Historical Data

The historical data trend for SA de Deportes Club de Golfntiago'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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SA de Deportes Club de Golfntiago Long-Term Capital Lease Obligation Chart

SA de Deportes Club de Golfntiago Annual Data
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Long-Term Capital Lease Obligation
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SA de Deportes Club de Golfntiago Semi-Annual Data
Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
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SA de Deportes Club de Golfntiago  (XSGO:GOLF) 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.

SA de Deportes Club de Golfntiago Long-Term Capital Lease Obligation Related Terms

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SA de Deportes Club de Golfntiago (XSGO:GOLF) Business Description

Traded in Other Exchanges
N/A
Address
Avenida Presidente Riesco 3700, Las Condes, Santiago, CHL
SA de Deportes Club de Golf Santiago is engaged in the leisure and recreational industry. The Company's main activities are promotion of sports and the operation of Club de Golf los Leones, a private golf club located in Santiago. Its activities include fitness center, restaurants, nursery school.