Akazoo (Akazoo) Long-Term Capital Lease Obligation : $0.00 Mil (As of Sep. 2019)

View and export this data going back to 2017. Start your Free Trial

What is Akazoo Long-Term Capital Lease Obligation?

Akazoo's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2019 was $0.00 Mil.

Akazoo Long-Term Capital Lease Obligation Historical Data

The historical data trend for Akazoo'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.

Akazoo Long-Term Capital Lease Obligation Chart

Akazoo Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Long-Term Capital Lease Obligation

Akazoo Quarterly Data
	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial										-	-	-	-	-

Akazoo (NAS:SONG) 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.

Akazoo Long-Term Capital Lease Obligation Related Terms

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

Akazoo (Akazoo) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Akazoo SA (NAS:SONG) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

19 Rue de Bitbourg, Luxembourg, LUX, L-1273

Website

https://www.akazoo.com

Akazoo SA operates as a technology company. It offers on-demand music and audio streaming, media and AI technology. The Firm provides its subscribers unlimited online and offline music streaming access to a catalogue of songs on an ad-free basis. The company uses patented AI technology for music recommendations and offers online and offline listening.