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AeroVironment Inc's long-term capital lease obligation for the quarter that ended in Jul. 2016 was $0.4 Mil.
AeroVironment Inc's quarterly long-term capital lease obligation increased from Jan. 2016 ($0.4 Mil) to Apr. 2016 ($0.4 Mil) but then declined from Apr. 2016 ($0.4 Mil) to Jul. 2016 ($0.4 Mil).
AeroVironment Inc's annual long-term capital lease obligation stayed the same from Apr. 2014 ($0.0 Mil) to Apr. 2015 ($0.0 Mil) but then increased from Apr. 2015 ($0.0 Mil) to Apr. 2016 ($0.4 Mil).
Capital lease obligations 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 current portion of a capital lease obligation is the portion of a long-term capital lease 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;
* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.
AeroVironment Inc Annual Data
AeroVironment Inc Quarterly Data