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Rego Payment Architectures (STU:M0C) Long-Term Capital Lease Obligation : €0.00 Mil (As of Mar. 2024)


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What is Rego Payment Architectures Long-Term Capital Lease Obligation?

Rego Payment Architectures's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was €0.00 Mil.


Rego Payment Architectures Long-Term Capital Lease Obligation Historical Data

The historical data trend for Rego Payment Architectures'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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Rego Payment Architectures Long-Term Capital Lease Obligation Chart

Rego Payment Architectures Annual Data
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Long-Term Capital Lease Obligation
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Rego Payment Architectures Quarterly Data
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Rego Payment Architectures  (STU:M0C) 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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Rego Payment Architectures (STU:M0C) Business Description

Industry
Traded in Other Exchanges
Address
325 Sentry Parkway, Suite 200, Blue Bell, PA, USA, 19422
Rego Payment Architectures Inc is a technology company focused on delivering an online e-commerce solution for the family. Its system allows parents and their children to manage, allocate funds and track their expenditures, savings, and charitable giving online. Its system is designed to allow the child to transact online without a credit card by gaining the parent's permission ahead of time and allowing the parent to set up the rules of use. Geographically all the business activity functions through the region of the United States and it derives revenue in the form of subscription, service fees, transaction fees, and revenue sharing with banking and distribution partners.

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