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Yuma Energy (Yuma Energy) Long-Term Capital Lease Obligation : $2.87 Mil (As of Sep. 2019)


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What is Yuma Energy Long-Term Capital Lease Obligation?

Yuma Energy's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2019 was $2.87 Mil.

Yuma Energy's quarterly Long-Term Capital Lease Obligation declined from Mar. 2019 ($3.41 Mil) to Jun. 2019 ($3.30 Mil) and declined from Jun. 2019 ($3.30 Mil) to Sep. 2019 ($2.87 Mil).


Yuma Energy Long-Term Capital Lease Obligation Historical Data

The historical data trend for Yuma Energy'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.

* Premium members only.

Yuma Energy Long-Term Capital Lease Obligation Chart

Yuma Energy Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Yuma Energy Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Jun20
Long-Term Capital Lease Obligation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 3.41 3.30 2.87 -

Yuma Energy  (AMEX:YUMA_PA.PFD) 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.

Yuma Energy Long-Term Capital Lease Obligation Related Terms

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Yuma Energy (Yuma Energy) Business Description

Industry
Traded in Other Exchanges
N/A
Address
1177 West Loop South, Suite 1825, Houston, TX, USA, 77027
Yuma Energy Inc is active in the oil and gas domain. It is an oil and gas company focused on the acquisition, development, and exploration of conventional and unconventional oil and natural gas resources in the United States Gulf Coast and California. Its operations are focused on onshore assets located in central and southern Louisiana, where it is targeting the Austin Chalk, Tuscaloosa, Wilcox, Frio, Marg Tex and Hackberry formations. In addition, it has a non-operated position in the Bakken Shale in North Dakota and operated positions in Kern and Santa Barbara Counties in California. It also holds operated and non-operated properties in southeast Texas containing both conventional and unconventional properties located in Jefferson and Madison counties.
Executives
Anthony Charles Schnur officer: Chief Restructuring Officer 9 SILVERSTRAND PLACE, THE WOODLANDS TX 77301
Neeraj Mital director 1177 WEST LOOP SOUTH, SUITE 1825, HOUSTON TX 77027
Stuart Emlyn Davies director 1177 WEST LOOP SOUTH, SUITE 1825, HOUSTON TX 77027
Evercore Partners Ii Llc 10 percent owner 55 EAST 52ND STREET, NEW YORK NY 10055
Rmcp Piv Dpc, L.p. 10 percent owner 10100 SANTA MONICA BOULEVARD, SUITE 925, LOS ANGELES CA 90067
Rmcp Piv Dpc Ii, L.p. 10 percent owner 10100 SANTA MONICA BOULEVARD, SUITE 925, LOS ANGELES CA 90067
Rmcp Dpc Llc 10 percent owner 1999 AVENUE OF THE STARS, SUITE 1900, LOS ANGELES CA 90067
Rmcp Dpc Ii Llc 10 percent owner 10100 SANTA MONICA BOULEVARD, SUITE 925, LOS ANGELES CA 90067
Red Mountain Capital Management Inc 10 percent owner 10100 SANTA MONICA BOULEVARD, SUITE 925, LOS ANGELES CA 90067
Rmcp Gp Llc 10 percent owner 1999 AVENUE OF THE STARS, SUITE 1100, LOS ANGELES CA 90067
Red Mountain Capital Partners Llc 10 percent owner 1999 AVENUE OF THE STARS, SUITE 1100, LOS ANGELES CA 90067
Willem Mesdag 10 percent owner C/O RED MOUNTAIN CAPITAL MANAGEMENT INC., 10100 SANTA MONICA BOULEVARD, SUITE 925, LOS ANGELES CA 90067
Ben T Morris director C/O SANDERS HARRIS MORRIS INC, 600 TRAVIS #3100, HOUSTON TX 77002
Richard K Stoneburner director
Sankaty Davis, Llc 10 percent owner C/O BAIN CAPITAL CREDIT, LP, 200 CLARENDON STREET, BOSTON MA 02116