Triton Emission Solutions (Triton Emission Solutions) Long-Term Capital Lease Obligation : $0.00 Mil (As of Mar. 2020)

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What is Triton Emission Solutions Long-Term Capital Lease Obligation?

Triton Emission Solutions's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2020 was $0.00 Mil.

Triton Emission Solutions Long-Term Capital Lease Obligation Historical Data

The historical data trend for Triton Emission Solutions'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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Triton Emission Solutions Long-Term Capital Lease Obligation Chart

Triton Emission Solutions Annual Data

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Long-Term Capital Lease Obligation

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Triton Emission Solutions Quarterly Data
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Triton Emission Solutions (OTCPK:DSOX) 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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Triton Emission Solutions (Triton Emission Solutions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Triton Emission Solutions Inc (OTCPK:DSOX) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

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Address

c/o 1130 West Pender Street, Unit 820, Vancouver, BC, CAN, V6E 4A4

Website

http://www.tritoninc.com

Triton Emission Solutions Inc is engaged in the development and marketing of emission abatement technologies for the marine industry to remove sulfur from marine fuel. Its products and technologies include Njord Exhaust Gas Scrubber System, DSOX Pre-Combustion Fuel Purification Systems, and Bio Scrubber. Its Njord Exhaust Gas Scrubber System is used to clean the exhaust gases from excess sulfur following the internal combustion process within ships engine. Its DSOX Pre-Combustion Fuel Purification Systems is a pre-combustion de-sulfurization technology, which is designed to remove alkali metals, such as sulfur and sodium, from heavy marine fuel. Geographically, the activities are carried out through the region of United States.

Executives

Robert C. Kopple	director, 10 percent owner	10866 WILSHIRE BLVD., SUITE 1500, LOS ANGELES CA 90024
Richard Jeffs	10 percent owner	FLAT 7, 6 ENNISMORE GARDENS, LONDON X0 SW7 1NL
Joao Dacosta	director, officer: CEO, President, CFO	#810 - 789 WEST PENDER STREET, VANCOUVER A1 V6C 1H2

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