1PM Industries (1PM Industries) Long-Term Capital Lease Obligation : $0.00 Mil (As of Nov. 2017)

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What is 1PM Industries Long-Term Capital Lease Obligation?

1PM Industries's Long-Term Capital Lease Obligation for the quarter that ended in Nov. 2017 was $0.00 Mil.

1PM Industries Long-Term Capital Lease Obligation Historical Data

The historical data trend for 1PM Industries'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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1PM Industries Long-Term Capital Lease Obligation Chart

1PM Industries Annual Data

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Long-Term Capital Lease Obligation

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1PM Industries Quarterly Data
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1PM Industries (GREY:OPMZ) 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.

1PM Industries Long-Term Capital Lease Obligation Related Terms

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1PM Industries (1PM Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » 1PM Industries Inc (GREY:OPMZ) » Definitions » Long-Term Capital Lease Obligation

Traded in Other Exchanges

N/A

Address

312 S Beverly Drive, Number. 3401, Beverly Hills, CA, USA, 90212

Website

http://www.1pmindustries.com

1PM Industries Inc provides consulting services to a wide variety of companies in diverse industries. Its target companies are in the startup phase of their operations.

Executives

Michael Patrick Raleigh	director	SUITE 550, 10000 MEMORIAL DRIVE, HOUSTON TX 77024
William A Lansing	director	93962 BRIDGE VIEW LANE, NORTH BEND OR 97459
Thomas E Mills	director, officer: President, CEO, CFO, Secretary
Lou Hilford	director, officer: Chief Operating Officer

1PM Industries (1PM Industries) Headlines

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