Tego Cyber (Tego Cyber) Long-Term Capital Lease Obligation : $0.00 Mil (As of Mar. 2024)

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What is Tego Cyber Long-Term Capital Lease Obligation?

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

Tego Cyber Long-Term Capital Lease Obligation Historical Data

The historical data trend for Tego Cyber'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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Tego Cyber Long-Term Capital Lease Obligation Chart

Tego Cyber Annual Data

Trend

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Long-Term Capital Lease Obligation

Tego Cyber Quarterly Data
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Long-Term Capital Lease Obligation	Get a 7-Day Free Trial													-	-	-	-	-

Tego Cyber (OTCPK:TGCB) 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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Tego Cyber (Tego Cyber) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Tego Cyber Inc (OTCPK:TGCB) » Definitions » Long-Term Capital Lease Obligation

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Traded in Other Exchanges

N/A

Address

8565 South Eastern Avenue, Suite 150, Las Vegas, NV, USA, 89123

Website

https://www.tegocyber.com

Tego Cyber Inc is engaged in the development and commercialization of cybersecurity services and solutions that reduce risk, prevent cyber-attacks and protect intellectual property and data. The products of the company are Threat Correlation, SIEM Integration, Threat Intelligence Feed, Databricks Integration and Amazon Security Lake.

Executives

Robert E Mikkelsen	officer: Chief Financial Officer	2033 N OVERFIELD RD, CASA GRANDE AZ 85194
Earl R Johnson	officer: CHIEF FINANCIAL OFFICER	8565 S EASTERN AVENUE, SUITE 150, LAS VEGAS NV 89123
Troy Wilkinson	director, 10 percent owner, officer: President	8565 S. EASTERN AVENUE, SUITE 150, LAS VEGAS NV 89123
Shannon Wilkinson	director, 10 percent owner, officer: CEO, CFO, Secretary, Treasurer	8565 S. EASTERN AVE., SUITE 150, LAS VEGAS NV 89123
Valera Michael De	director	8565 S. EASTERN AVENUE, SUITE 150, LAS VEGAS NV 89123
Christopher Craig White	director	8565 S. EASTERN AVE., SUITE 150, LAS VEGAS NV 89123