GURUFOCUS.COM » STOCK LIST » Technology » Hardware » AVX Corp (NYSE:AVX) » Definitions » Long-Term Capital Lease Obligation

AVX (AVX) Long-Term Capital Lease Obligation : $0 Mil (As of Dec. 2019)


View and export this data going back to 1995. Start your Free Trial

What is AVX Long-Term Capital Lease Obligation?

AVX's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2019 was $0 Mil.

AVX's quarterly Long-Term Capital Lease Obligation declined from Jun. 2019 ($12 Mil) to Sep. 2019 ($0 Mil) but then stayed the same from Sep. 2019 ($0 Mil) to Dec. 2019 ($0 Mil).


AVX Long-Term Capital Lease Obligation Historical Data

The historical data trend for AVX'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.

* Premium members only.

AVX Long-Term Capital Lease Obligation Chart

AVX Annual Data
Trend Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

AVX Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19
Long-Term Capital Lease Obligation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - 11.73 - -

AVX  (NYSE:AVX) 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.

AVX Long-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of AVX's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.


AVX (AVX) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » AVX Corp (NYSE:AVX) » Definitions » Long-Term Capital Lease Obligation
Traded in Other Exchanges
N/A
Address
1 AVX Boulevard, Fountain Inn, SC, USA, 29644
AVX Corp is a manufacturer and supplier of electronic components to original-equipment manufacturers, distributors, and electronic manufacturing service providers. The firm operates in three segments: Electronic components, which sells ceramic and tantalum capacitors, film capacitors, and filters; Electronic Devices, which sells ceramic capacitors, sensor products, actuators, and connectors produced by Kyocera, a majority shareholder, and resold by AVX; and Interconnect, which sells Interconnect automotive, telecom, and memory connectors. A majority of the firm's revenue is generated in Asia, and rest in the Americas and Europe.
Executives
Benedict P Rosen director 28601 CLEMENS RD, WESTLAKE OH 44145