GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Coastal Capital Acquisition Corp (OTCPK:CCAJ) » Definitions » Long-Term Capital Lease Obligation

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


View and export this data going back to . Start your Free Trial

What is Coastal Capital Acquisition Long-Term Capital Lease Obligation?

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


Coastal Capital Acquisition Long-Term Capital Lease Obligation Historical Data

The historical data trend for Coastal Capital 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.

* Premium members only.

Coastal Capital Acquisition Long-Term Capital Lease Obligation Chart

Coastal Capital Acquisition Annual Data
Trend
Long-Term Capital Lease Obligation

Coastal Capital Acquisition Semi-Annual Data
Sep22 Sep23
Long-Term Capital Lease Obligation - -

Coastal Capital Acquisition  (OTCPK:CCAJ) 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.

Coastal Capital Acquisition Long-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of Coastal Capital Acquisition's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.


Coastal Capital Acquisition (Coastal Capital Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
50 North Laura Street, Suite 2500, Jacksonville, FL, USA, 32202
Coastal Capital Acquisition Corp is a shell company.
Executives
Mark A Lewis director 200 PRESEVE ST., BOZEMAN MT 59718
Midwest Merger Management Llc 10 percent owner

Coastal Capital Acquisition (Coastal Capital Acquisition) Headlines

No Headlines