Brooqly (Brooqly) Long-Term Capital Lease Obligation : $0.00 Mil (As of Mar. 2024)

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What is Brooqly Long-Term Capital Lease Obligation?

Brooqly's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil.

Brooqly Long-Term Capital Lease Obligation Historical Data

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

Brooqly Annual Data

Trend

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

Brooqly Quarterly Data
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Brooqly (OTCPK:BRQL) 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.

Brooqly Long-Term Capital Lease Obligation Related Terms

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Brooqly (Brooqly) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Brooqly Inc (OTCPK:BRQL) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

10101 S. Robert Road, Suite 209, Palos Hills, IL, USA, 60465

Website

https://www.brooqly.com

Brooqly Inc is a technology company that has developed a technological platform that allows: Retail Shops, Consumers, and Consumer Packaged goods Brands to connect and interact through a Social Networking experience. The Platform enables: Retail Shops to register and upload their Catalog Products called Treats. Consumers to sign-up, purchase and send Treats to other registered Users. Brands to advertise their Products throughout the Platform.

Executives

Panagiotis Nikolaos Lazaretos	director, 10 percent owner, officer: CEO	103M1 MARKOU BOTSARI STR, KIFISSIA, ATTICA J3 14561
Nikolaos Ioannou	director, 10 percent owner, officer: COO	KLEOVOULOU 17,, NEOS KOSMOS, ATTIKI J3 11744
Helen V Maridakis	director, 10 percent owner, officer: CFO	6831 W. HIGHLAND DRIVE, PALOS HEIGHTS IL 60463

Brooqly (Brooqly) Headlines

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