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Avalon Acquisition (Avalon Acquisition) Long-Term Capital Lease Obligation : $0.00 Mil (As of Mar. 2023)


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What is Avalon Acquisition Long-Term Capital Lease Obligation?

Avalon Acquisition's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2023 was $0.00 Mil.


Avalon Acquisition Long-Term Capital Lease Obligation Historical Data

The historical data trend for Avalon Acquisition'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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Avalon Acquisition Long-Term Capital Lease Obligation Chart

Avalon Acquisition Annual Data
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Long-Term Capital Lease Obligation
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Avalon Acquisition Quarterly Data
Oct20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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Avalon Acquisition  (NAS:AVAC) 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.

Avalon Acquisition Long-Term Capital Lease Obligation Related Terms

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Avalon Acquisition (Avalon Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
2 Embarcadero Center, 8th Floor, San Francisco, CA, USA, 94111
Avalon Acquisition Inc is a blank check company.
Executives
Stuart H Bohart director C/O OMAM INC., 200 CLARENDON STREET, 53RD FLOOR, BOSTON MA 02116
Klinck John L. Jr. director C/O STATE STREET CORPORATION, ONE LINCOLN STREET, BOSTON MA 02111
Donald H Putnam director, 10 percent owner, officer: Executive Chairman
Steven M Gluckstern director C/O AAMES FINANCIAL CORP, 350 S GRAND AVE 52ND FL, LOS ANGELES CA 90071-3406
John Griff officer: President 1290 AVENUE OF THE AMERICAS, NEW YORK NY 10104
Douglas C. Mangini director 10 INDIAN TERRACE, LOCUST NJ 07760
Craig S. Cognetti director, 10 percent owner, officer: Chief Executive Officer 2 14TH STREET APT 233, HOBOKEN NJ 07030
Rei-rung Rachel Hsu officer: Chief Financial Officer 3555 BLAIR CIR NE, BROOKHAVEN GA 30319
Avalon Acquisition Holdings Llc 10 percent owner 2 EMBARCADERO CENTER, FLOOR 8, SAN FRANCISCO CA 94111