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

View and export this data going back to 2019. Start your Free Trial

What is Avant Technologies Long-Term Capital Lease Obligation?

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

Avant Technologies Long-Term Capital Lease Obligation Historical Data

The historical data trend for Avant Technologies'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.

Avant Technologies Long-Term Capital Lease Obligation Chart

Avant Technologies Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

Avant Technologies Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															-	-	-	-	-

Avant Technologies (OTCPK:AVAI) 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.

Avant Technologies Long-Term Capital Lease Obligation Related Terms

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

Avant Technologies (Avant Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Avant Technologies Inc (OTCPK:AVAI) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

C/o Eastbiz.com, Inc, 5348 Vegas Drive, Las Vegas, NV, USA, 89108

Website

https://www.trendinnovationsholding.com

Avant Technologies Inc Formerly Trend Innovations Holding Inc has developed an application for people who value their time and desire to stay up to date. It develops a platform for users who cook at home and want to sell their food on the Internet and home-cooked food lovers. It also provides news applications with feeds from various sources that users can choose and customize. Through its subsidiary, it also provides Information Technology (IT) services.