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Enterra (Enterra) Long-Term Capital Lease Obligation : $0.00 Mil (As of Dec. 2008)


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What is Enterra Long-Term Capital Lease Obligation?

Enterra's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2008 was $0.00 Mil.


Enterra Long-Term Capital Lease Obligation Historical Data

The historical data trend for Enterra'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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Enterra Long-Term Capital Lease Obligation Chart

Enterra Annual Data
Trend Dec95 Dec96 Dec97 Dec98 Dec99 Dec07
Long-Term Capital Lease Obligation
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Enterra Semi-Annual Data
Dec95 Dec96 Dec97 Dec98 Dec99 Dec07 Dec08
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Enterra  (OTCPK:ETER) 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.

Enterra Long-Term Capital Lease Obligation Related Terms

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Enterra (Enterra) Business Description

Traded in Other Exchanges
N/A
Address
244 5th Avenue, Suite E 201, New York, NY, USA, 10001
Enterra Corp with its subsidiary operates in Early Warning Cyber (EWC), Web3 Decentralized Identity Knowledge and Management (ID K&M), Cloud Security Integration, and Internet of Things (IoT) solutions to combat the cybersecurity threats its potential enterprise and government clients encounter.

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