GURUFOCUS.COM » STOCK LIST » Technology » Software » WeCommerce Holdings Ltd (TSXV:WE) » Definitions » Long-Term Capital Lease Obligation

WeCommerce Holdings (TSXV:WE) Long-Term Capital Lease Obligation : C$0.00 Mil (As of Dec. 2022)


View and export this data going back to 2020. Start your Free Trial

What is WeCommerce Holdings Long-Term Capital Lease Obligation?

WeCommerce Holdings's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2022 was C$0.00 Mil.


WeCommerce Holdings Long-Term Capital Lease Obligation Historical Data

The historical data trend for WeCommerce Holdings'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.

WeCommerce Holdings Long-Term Capital Lease Obligation Chart

WeCommerce Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Long-Term Capital Lease Obligation
0.12 - - -

WeCommerce Holdings Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
Long-Term Capital Lease Obligation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

WeCommerce Holdings  (TSXV:WE) 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.

WeCommerce Holdings Long-Term Capital Lease Obligation Related Terms

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


WeCommerce Holdings (TSXV:WE) Business Description

Industry
Traded in Other Exchanges
N/A
Address
329 Howe Street, PMB 2066, Victoria, BC, CAN, V6C 3N2
WeCommerce Holdings Ltd is a holding company that owns a family of companies and brands in the Shopify partner ecosystem, including Pixel Union, Out of the Sandbox, Yopify, SuppleApps, Rehash, Stamped and Foursixty. The company's primary focus is to build, grow and acquire businesses that serve the Shopify Partner ecosystem. These businesses consist largely of Software as a Service, Digital Goods and Services businesses. Generally, these businesses build Apps and Themes and run Agencies that support Shopify merchants. The company targets businesses within the Shopify ecosystem due to its confidence in the Shopify platform, the fragmented nature of the ecosystem and the attractive economics that the businesses generally exhibit. Its segments include Themes, Apps and Agency.

WeCommerce Holdings (TSXV:WE) Headlines

No Headlines