Coin Citadel (Coin Citadel) Long-Term Capital Lease Obligation : $0.00 Mil (As of Jun. 2023)

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

What is Coin Citadel Long-Term Capital Lease Obligation?

Coin Citadel's Long-Term Capital Lease Obligation for the quarter that ended in Jun. 2023 was $0.00 Mil.

Coin Citadel Long-Term Capital Lease Obligation Historical Data

The historical data trend for Coin Citadel'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.

Coin Citadel Long-Term Capital Lease Obligation Chart

Coin Citadel Annual Data

Trend

Long-Term Capital Lease Obligation

Coin Citadel Semi-Annual Data
	Jun23
Long-Term Capital Lease Obligation	-

Coin Citadel (OTCPK:CCTL) 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.

Coin Citadel Long-Term Capital Lease Obligation Related Terms

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

Coin Citadel (Coin Citadel) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Coin Citadel (OTCPK:CCTL) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

401 Ryland Street, Reno, NV, USA, 89502

Website

https://www.coincitadel.net

Coin Citadel is a Fintech company. The company is engaged in the bitcoin, blockchain, and digital currency industries. Coin Citadel mines Bitcoin Cash (BCH), Bitcoin Satoshi Vision (BSV), and other Secure Hash Algorithm (SHA) 256 based protocol cryptocurrencies. Coin Citadel also owns additional miners from other manufacturers which mine Litecoin (LTC), Zcash (ZEC), and Ethereum (ETH).

Coin Citadel (Coin Citadel) Headlines

From GuruFocus

Coin Citadel Receives Purchase Order For 200 Bitcoin ATM Machines Priced At $6,800

By Marketwired Marketwired • 04-24-2019

Coin Citadel Announces Plans to Update Nevada Secretary of State and OTC Markets Group

By Marketwired Marketwired • 07-24-2018

Coin Citadel Announces Corporate Update on Hosting Services

By Marketwired Marketwired • 05-09-2018