GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Metro Pacific Tollways Corporation (PHS:TOL) » Definitions » Long-Term Capital Lease Obligation

Metro Pacific Tollways (PHS:TOL) Long-Term Capital Lease Obligation : ₱0.00 Mil (As of Mar. 2012)


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

What is Metro Pacific Tollways Long-Term Capital Lease Obligation?

Metro Pacific Tollways's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2012 was ₱0.00 Mil.


Metro Pacific Tollways Long-Term Capital Lease Obligation Historical Data

The historical data trend for Metro Pacific Tollways'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.

Metro Pacific Tollways Long-Term Capital Lease Obligation Chart

Metro Pacific Tollways Annual Data
Trend Dec10 Dec11
Long-Term Capital Lease Obligation
- -

Metro Pacific Tollways Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12
Long-Term Capital Lease Obligation Get a 7-Day Free Trial - - - - -

Metro Pacific Tollways  (PHS:TOL) 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.

Metro Pacific Tollways Long-Term Capital Lease Obligation Related Terms

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


Metro Pacific Tollways (PHS:TOL) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Website