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Top Shelf Brands Holdings (Top Shelf Brands Holdings) Long-Term Capital Lease Obligation : $0.00 Mil (As of Sep. 2011)


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What is Top Shelf Brands Holdings Long-Term Capital Lease Obligation?

Top Shelf Brands Holdings's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2011 was $0.00 Mil.


Top Shelf Brands Holdings Long-Term Capital Lease Obligation Historical Data

The historical data trend for Top Shelf Brands Holdings'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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Top Shelf Brands Holdings Long-Term Capital Lease Obligation Chart

Top Shelf Brands Holdings Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10
Long-Term Capital Lease Obligation
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Top Shelf Brands Holdings Quarterly Data
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Top Shelf Brands Holdings  (OTCPK:DKTS) 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.

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Top Shelf Brands Holdings (Top Shelf Brands Holdings) Business Description

Traded in Other Exchanges
N/A
Address
700 Louisiana Street, Bank of America Center, Suite 3950, Houston, TX, USA, 77002
Top Shelf Brands Holdings Corp is engaged in the business of developing, importing, marketing and supplying branded alcoholic beverage brands and boutique wines. It specializes in the brand creation and strategic identity marketing for its products.

Top Shelf Brands Holdings (Top Shelf Brands Holdings) Headlines

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