Sometimes you will see what appears to be a pristine balance sheet of a company trading below net current asset value, but then come to find out that they have enormous long term
lease commitments which — in my view — should be put on the balance sheet as a liability.
Not exact matches
Actual operational and financial results of SkyWest, SkyWest Airlines and ExpressJet will likely also vary, and may vary materially, from those anticipated, estimated, projected or expected for a number of other reasons, including, in addition to those identified above: the challenges and costs of integrating operations and realizing anticipated synergies and other benefits from the acquisition of ExpressJet; the challenges of competing successfully in a highly competitive and rapidly changing industry; developments associated with fluctuations in the economy and the demand for air travel; the financial stability of SkyWest's major partners and any potential impact of their financial condition on the operations of SkyWest, SkyWest Airlines, or ExpressJet; fluctuations in flight schedules,
which are determined by the major partners for whom SkyWest's operating airlines conduct flight operations; variations in market and economic conditions; significant aircraft
lease and debt
commitments; residual aircraft values and related impairment charges; labor relations and costs; the impact of global instability; rapidly fluctuating fuel costs, and potential fuel shortages; the impact of weather - related or other natural disasters on air travel and airline costs; aircraft deliveries; the ability to attract and retain qualified pilots and other unanticipated factors.
Provides Canada with new
commitments from Australia, Brunei, Malaysia and New Zealand for business visitors providing after - sales services, as well as new
commitments from Chile and Mexico to extend coverage for business visitors providing after ‑
lease services,
which helps Canadian companies offer installation and maintenance services for products sold or
leased in these markets.
Commitments and Contingencies
Leases VaxGen leases office facilities under a non-cancelable operating lease in South San Francisco, California, which expires in
Leases VaxGen
leases office facilities under a non-cancelable operating lease in South San Francisco, California, which expires in
leases office facilities under a non-cancelable operating
lease in South San Francisco, California,
which expires in 2016.
The company,
which is pursuing a strategy to renovate and
lease up a property that is 40 % vacant, initially received a first mortgage
commitment from an East Coast lender to fund 75 % of the property's cost.
Mesa West financed the riskier portion of the debt,
which was split into upfront funding of $ 17 million and a
commitment to provide $ 14 million in additional capital to pay for tenant and capital improvements as the property
leases up.
Self - storage properties operate with monthly
lease commitments,
which benefits the sector during times of economic expansion.
So, bottom line is that the PM either misunderstood our insructions (
which I find hard to believe because we couldn't have been more emphatic about not having any year
leases) or - more likely - he was worried he couldn't acquire this tenant without a year
commitment.
Under the new proposed law,
lease commitments must be on the balance sheet from day one,
which is why older technology will no longer do the job.