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M.L.R.N. Projects and Trading (XTAE:MLRN) Long-Term Capital Lease Obligation : ₪0.00 Mil (As of . 20)


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What is M.L.R.N. Projects and Trading Long-Term Capital Lease Obligation?

M.L.R.N. Projects and Trading's Long-Term Capital Lease Obligation for the quarter that ended in . 20 was ₪0.00 Mil.


M.L.R.N. Projects and Trading Long-Term Capital Lease Obligation Historical Data

The historical data trend for M.L.R.N. Projects and Trading'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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M.L.R.N. Projects and Trading Long-Term Capital Lease Obligation Chart

M.L.R.N. Projects and Trading Annual Data
Trend
Long-Term Capital Lease Obligation

M.L.R.N. Projects and Trading Semi-Annual Data
Long-Term Capital Lease Obligation

M.L.R.N. Projects and Trading  (XTAE:MLRN) 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.

M.L.R.N. Projects and Trading Long-Term Capital Lease Obligation Related Terms

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M.L.R.N. Projects and Trading (XTAE:MLRN) Business Description

Traded in Other Exchanges
N/A
Address
Wallenberg Raoul Street, Building C Ramat Hachayal, Tel Aviv, ISR
M.L.R.N. Projects and Trading Ltd is engaged in providing credit to small and medium-sized businesses. Its services include Discount Checks, Financing for the purchase of the real estate, Loans in real estate and mortgages, Financial leasing for the purchase of tools and equipment, Import financing and suppliers, and Line of credit.

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