GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Sigiriya Village Hotels PLC (COL:SIGV.N0000) » Definitions » Long-Term Capital Lease Obligation

Sigiriya Village Hotels (COL:SIGV.N0000) Long-Term Capital Lease Obligation : රු0.00 Mil (As of . 20)


View and export this data going back to 1980. Start your Free Trial

What is Sigiriya Village Hotels Long-Term Capital Lease Obligation?

Sigiriya Village Hotels's Long-Term Capital Lease Obligation for the quarter that ended in . 20 was රු0.00 Mil.


Sigiriya Village Hotels Long-Term Capital Lease Obligation Historical Data

The historical data trend for Sigiriya Village Hotels'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.

Sigiriya Village Hotels Long-Term Capital Lease Obligation Chart

Sigiriya Village Hotels Annual Data
Trend
Long-Term Capital Lease Obligation

Sigiriya Village Hotels Quarterly Data
Long-Term Capital Lease Obligation

Sigiriya Village Hotels  (COL:SIGV.N0000) 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.

Sigiriya Village Hotels Long-Term Capital Lease Obligation Related Terms

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


Sigiriya Village Hotels (COL:SIGV.N0000) Business Description

Traded in Other Exchanges
N/A
Address
No. 53-1/1, Sir Baron Jayatilaka Mawatha, Colombo, LKA, 01
Sigiriya Village Hotels PLC is a Sri Lanka-based company that operates in the tourist hotel business. Its services include room accommodation, satellite television, telephone, and a minibar. It also offers sports and recreation, including an outdoor swimming pool, walking paths, nature trails, and an ayurvedic spa/massage. Geographically, the activities have functioned through the region of Sigiriya, Sri Lanka. The company derives revenue by offering various hotel services like accommodation, which is the key revenue driver; along with the restaurant; and beverages.

Sigiriya Village Hotels (COL:SIGV.N0000) Headlines

No Headlines