Green Leaf Innovations (Green Leaf Innovations) Long-Term Capital Lease Obligation : $0.00 Mil (As of . 20)

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What is Green Leaf Innovations Long-Term Capital Lease Obligation?

Green Leaf Innovations's Long-Term Capital Lease Obligation for the quarter that ended in . 20 was $0.00 Mil.

Green Leaf Innovations Long-Term Capital Lease Obligation Historical Data

The historical data trend for Green Leaf Innovations'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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Green Leaf Innovations Long-Term Capital Lease Obligation Chart

Green Leaf Innovations Annual Data

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Long-Term Capital Lease Obligation

Green Leaf Innovations Quarterly Data

Long-Term Capital Lease Obligation

Green Leaf Innovations (OTCPK:GRLF) 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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Green Leaf Innovations (Green Leaf Innovations) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » Green Leaf Innovations Inc (OTCPK:GRLF) » Definitions » Long-Term Capital Lease Obligation

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Address

15800 Pines Boulevard, Suite 3200, Pembroke Pines, FL, USA, 33027

Website

https://www.greenleafinnovations.co

Green Leaf Innovations Inc is engaged in the Marketing and Distribution of handmade premium cigars Manufactured out of Nicaragua. It imports and distributes handmade Premium Cigars and packaged whole leaf Tobacco to cigar lounges, smoke shops, C-stores, and vape shops across the United States and International Markets.

Green Leaf Innovations (Green Leaf Innovations) Headlines

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Green Leaf Innovations, Inc. Introduces a Custom Premium Cigar To Support the Mission of the Battleship New Jersey Museum and Memorial

By ACCESSWIRE ACCESSWIRE • 12-14-2022

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By ACCESSWIRE ACCESSWIRE • 11-29-2022