Reebonz Holding (Reebonz Holding) Long-Term Capital Lease Obligation : $0.21 Mil (As of Jun. 2019)

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What is Reebonz Holding Long-Term Capital Lease Obligation?

Reebonz Holding's Long-Term Capital Lease Obligation for the quarter that ended in Jun. 2019 was $0.21 Mil.

Reebonz Holding's quarterly Long-Term Capital Lease Obligation declined from Jun. 2018 ($0.03 Mil) to Dec. 2018 ($0.00 Mil) but then increased from Dec. 2018 ($0.00 Mil) to Jun. 2019 ($0.21 Mil).

Reebonz Holding's annual Long-Term Capital Lease Obligation increased from Dec. 2016 ($0.00 Mil) to Dec. 2017 ($0.06 Mil) but then declined from Dec. 2017 ($0.06 Mil) to Dec. 2018 ($0.00 Mil).

Reebonz Holding Long-Term Capital Lease Obligation Historical Data

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

Reebonz Holding Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Long-Term Capital Lease Obligation

0.01

0.06

Reebonz Holding Semi-Annual Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial			-	0.06	0.03	-	0.21

Reebonz Holding (OTCPK:RBNZF) 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.

Reebonz Holding Long-Term Capital Lease Obligation Related Terms

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Reebonz Holding (Reebonz Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Reebonz Holding Ltd (OTCPK:RBNZF) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

5 Tampines North Drive 5, Singapore, SGP, 528548

Website

https://www.reebonz.com

Reebonz Holding Ltd is a Singapore based that operates in the online luxury market. The company through its online marketplace and platform is engaged in buying and selling of new and pre-owned luxury products in the Asia Pacific region including Singapore, Malaysia, Indonesia, Thailand, the Philippines, Vietnam, Hong Kong, South Korea, Taiwan, Australia, and New Zealand.