GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Toxotis Investments Public Ltd (CYS:COV) » Definitions » Long-Term Capital Lease Obligation

Toxotis Investments Public (CYS:COV) Long-Term Capital Lease Obligation : €0.00 Mil (As of . 20)


View and export this data going back to 1996. Start your Free Trial

What is Toxotis Investments Public Long-Term Capital Lease Obligation?

Toxotis Investments Public's Long-Term Capital Lease Obligation for the quarter that ended in . 20 was €0.00 Mil.


Toxotis Investments Public Long-Term Capital Lease Obligation Historical Data

The historical data trend for Toxotis Investments Public'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.

Toxotis Investments Public Long-Term Capital Lease Obligation Chart

Toxotis Investments Public Annual Data
Trend
Long-Term Capital Lease Obligation

Toxotis Investments Public Quarterly Data
Long-Term Capital Lease Obligation

Toxotis Investments Public  (CYS:COV) 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.

Toxotis Investments Public Long-Term Capital Lease Obligation Related Terms

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


Toxotis Investments Public (CYS:COV) Business Description

Traded in Other Exchanges
N/A
Address
40, Themistokli Dervi Avenue, 3rd Floor, Office 301, Nicosia, CYP, 1066
Toxotis is engaged in the investment business. The company invests in securities of companies listed on the Cyprus Stock Exchange.

Toxotis Investments Public (CYS:COV) Headlines

No Headlines