Arogo Capital Acquisition (Arogo Capital Acquisition) Long-Term Capital Lease Obligation : $0.00 Mil (As of Dec. 2023)

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What is Arogo Capital Acquisition Long-Term Capital Lease Obligation?

Arogo Capital Acquisition's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil.

Arogo Capital Acquisition Long-Term Capital Lease Obligation Historical Data

The historical data trend for Arogo Capital Acquisition'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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Arogo Capital Acquisition Long-Term Capital Lease Obligation Chart

Arogo Capital Acquisition Annual Data

Trend

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

Arogo Capital Acquisition Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
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Arogo Capital Acquisition (NAS:AOGO) 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.

Arogo Capital Acquisition Long-Term Capital Lease Obligation Related Terms

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Arogo Capital Acquisition (Arogo Capital Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Arogo Capital Acquisition Corp (NAS:AOGO) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

848 Brickell Avenue, Penthouse 5, Miami, FL, USA, 33131

Website

Arogo Capital Acquisition Corp is a blank check company.

Executives

J. Gerald Combs	director	848 BRICKELL AVENUE, PENT HOUSE 5, MIAMI FL 33131
Ja'afar H.r.h. Tunku Naquiyuddin Ibni Tuanku	director	848 BRICKELL AVENUE, PENT HOUSE 5, MIAMI FL 33131
Chee Han Wen	officer: Chief Strategy Officer	848 BRICKELL AVENUE, PENT HOUSE 5, MIAMI FL 33131
Suthee Chivaphongse	officer: Chief Financial Officer	848 BRICKELL AVENUE, PENT HOUSE 5, MIAMI FL 33131
Suradech Taweesaengsakulthai	director, officer: Director and CEO	848 BRICKELL AVENUE, PENT HOUSE 5, MIAMI FL 33131
Somnuek Anakwat	director	848 BRICKELL AVENUE, PENT HOUSE 5, MIAMI FL 33131
Koo Dom Investment, Llc	10 percent owner	7201 WELLESLEY AVENUE, WESTMINSTER CA 92682