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ApartmentLove (ApartmentLove) Long-Term Capital Lease Obligation : $0.00 Mil (As of Sep. 2023)


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What is ApartmentLove Long-Term Capital Lease Obligation?

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

ApartmentLove Long-Term Capital Lease Obligation Historical Data

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

ApartmentLove Annual Data
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ApartmentLove Quarterly Data
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ApartmentLove  (OTCPK:APMLF) 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.

ApartmentLove Long-Term Capital Lease Obligation Related Terms

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ApartmentLove (ApartmentLove) Business Description

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GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » ApartmentLove Inc (OTCPK:APMLF) » Definitions » Long-Term Capital Lease Obligation
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Traded in Other Exchanges
APLV:Canada
Address
421 7th Avenue S.W., Suite 1600, Calgary, AB, CAN, T2P 4K9
Website
https://www.apartmentlove.com
ApartmentLove Inc operates an online listing platform intended to serve people from coast to coast and around the world. The company provides online home, apartment, and vacation rental marketing services to property managers, owners, renters, and vacationers in countries around the world, promoting homes, apartments, and vacation properties on its network of websites, and providing its customers with housing solutions.