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VK Muehlen AG (FRA:VKL) Long-Term Capital Lease Obligation : €0.0 Mil (As of Mar. 2014)


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What is VK Muehlen AG Long-Term Capital Lease Obligation?

VK Muehlen AG's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2014 was €0.0 Mil.


VK Muehlen AG Long-Term Capital Lease Obligation Historical Data

The historical data trend for VK Muehlen AG'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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VK Muehlen AG Long-Term Capital Lease Obligation Chart

VK Muehlen AG Annual Data
Trend Sep09 Sep10 Sep11 Sep12 Sep13
Long-Term Capital Lease Obligation
- - - - -

VK Muehlen AG Semi-Annual Data
Mar10 Sep10 Mar11 Sep11 Mar12 Sep12 Mar13 Sep13 Mar14
Long-Term Capital Lease Obligation Get a 7-Day Free Trial Premium Member Only 0.09 - - - -

VK Muehlen AG  (FRA:VKL) 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.

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VK Muehlen AG (FRA:VKL) Business Description

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VK Muehlen AG is engaged in the development and production of grain and cereal meals products.

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