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Feutune Light Acquisition (Feutune Light Acquisition) Long-Term Capital Lease Obligation : $0.00 Mil (As of Mar. 2024)


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What is Feutune Light Acquisition Long-Term Capital Lease Obligation?

Feutune Light Acquisition's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil.


Feutune Light Acquisition Long-Term Capital Lease Obligation Historical Data

The historical data trend for Feutune Light 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.

* Premium members only.

Feutune Light Acquisition Long-Term Capital Lease Obligation Chart

Feutune Light Acquisition Annual Data
Trend Dec22 Dec23
Long-Term Capital Lease Obligation
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Feutune Light Acquisition Quarterly Data
Jan22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Long-Term Capital Lease Obligation Get a 7-Day Free Trial Premium Member Only - - - - -

Feutune Light Acquisition  (NAS:FLFV) 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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Feutune Light Acquisition (Feutune Light Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
48 Bridge Street, Building A, Metuchen, NJ, USA, 08840
Website
Feutune Light Acquisition Corp is a newly organized blank check company.
Executives
Wenbing Wang director 21ST FLOOR, BUILDING B, JIA MING CENTER, NO. 27 DONG SAN HUAN NORTH ROAD, CHAOYANG DISTRICT, BEIJING F4 100020
Michael Davidov other: Former Director 60 EAST 42 STREET, NEW YORK NY 10165
Plc Barclays 10 percent owner 1 CHURCHILL PLACE, CANARY WHARF, LONDON X0 E14 5HP
Yuanmei Ma officer: CFO ROOM 605A TOWER A, RAYCOM INFO TECH PARK, NO. 2 KEXUEYUAN S. RD., ZHONGGUANCUN, HAIDIAN DISTRICT, BEIJING F4 100080
Lei Xu director, other: President and chairwoman 1818 LINDA VISTA CIR., FULLERTON CA 92831
Feutune Light Sponsor Llc 10 percent owner 48 BRIDGE STREET, BUILDING A, METUCHEN NJ 08840
Xuedong Tian director, officer: CEO and Director 48 BRIDGE STREET, BUILDING A, METUCHEN NJ 08840
Sau Fong Yeung 10 percent owner 48 BRIDGE STREET, BUILDING A, METUCHEN NJ 08840
Kevin Vassily director C/O IPOWER INC., 2399 BATEMAN AVENUE, DUARTE CA 91010
Ping Li director A1 68 XINXIA STREET, PINGHU, LONGGANG, SHENZHEN, GUANDONG F4 518111

Feutune Light Acquisition (Feutune Light Acquisition) Headlines

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