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CGift AG (HAM:T7RA) Long-Term Capital Lease Obligation : €0.00 Mil (As of Dec. 2019)


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What is CGift AG Long-Term Capital Lease Obligation?

CGift AG's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2019 was €0.00 Mil.


CGift AG Long-Term Capital Lease Obligation Historical Data

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

CGift AG Annual Data
Trend Dec17 Dec18 Dec19
Long-Term Capital Lease Obligation
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CGift AG Semi-Annual Data
Dec17 Dec18 Dec19
Long-Term Capital Lease Obligation - - -

CGift AG  (HAM:T7RA) 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.

CGift AG Long-Term Capital Lease Obligation Related Terms

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CGift AG (HAM:T7RA) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Schopenstehl 22, Hamburg, DEU, 20095
CGift AG, formerly Tyros AG is a Germany based financial services provider. It invests in companies consists of blockchain business. It is engaged in provision and operation of an App and web-based platform for managing and redeeming crypto gift cards.

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