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RINO International (RINO International) Long-Term Capital Lease Obligation : $0.0 Mil (As of Sep. 2010)


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What is RINO International Long-Term Capital Lease Obligation?

RINO International's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2010 was $0.0 Mil.


RINO International Long-Term Capital Lease Obligation Historical Data

The historical data trend for RINO International'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.

RINO International Long-Term Capital Lease Obligation Chart

RINO International Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09
Long-Term Capital Lease Obligation
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RINO International Quarterly Data
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RINO International  (OTCPK:RINO) 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.

RINO International Long-Term Capital Lease Obligation Related Terms

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RINO International (RINO International) Business Description

Traded in Other Exchanges
N/A
Address
101 East Park Boulevard, 6th Floor, Plano, TX, USA, 75074
Website
RINO International Corp is in the business of identifying and acquiring strategic intellectual property in the agricultural technology, biotechnologies, and energy industries.
Executives
Glenn Little director, 10 percent owner, officer: CEO & CFO 211 WEST WALL ST, MIDLAND TX 70701

RINO International (RINO International) Headlines

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