Aamra Networks (DHA:AAMRANET) Long-Term Capital Lease Obligation : BDT0.00 Mil (As of . 20)

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What is Aamra Networks Long-Term Capital Lease Obligation?

Aamra Networks's Long-Term Capital Lease Obligation for the quarter that ended in . 20 was BDT0.00 Mil.

Aamra Networks Long-Term Capital Lease Obligation Historical Data

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

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Long-Term Capital Lease Obligation

Aamra Networks Semi-Annual Data

Long-Term Capital Lease Obligation

Aamra Networks (DHA:AAMRANET) 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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Aamra Networks (DHA:AAMRANET) Business Description

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GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Aamra Networks Ltd (DHA:AAMRANET) » Definitions » Long-Term Capital Lease Obligation

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Address

20, Kemal Ataturk Avenue, Safura Tower (9th Floor), Banani Commercial Area, Dhaka, BGD, 1213

Website

https://www.aamranetworks.com

Aamra Networks Ltd operates as an Internet service provider in Bangladesh. It is engaged in providing IT communication solutions and services including Internet Access, and IT enabled Support. The company provides services that include Bandwidth, Infrastructure, VAS, Software and Automation.

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