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

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What is Finisar Long-Term Capital Lease Obligation?

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

Finisar Long-Term Capital Lease Obligation Historical Data

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

Finisar Annual Data

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Long-Term Capital Lease Obligation

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

Finisar (NAS:FNSR) 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.

Finisar Long-Term Capital Lease Obligation Related Terms

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Finisar (Finisar) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Finisar Corp (NAS:FNSR) » Definitions » Long-Term Capital Lease Obligation

Traded in Other Exchanges

N/A

Address

1389 Moffett Park Drive, Sunnyvale, CA, USA, 94089

Website

http://www.finisar.com

Founded in 1987, Finisar is a California-based large provider of fiber optical modules and components that are used in data communications and telecommunications. Its products include transceivers and wavelength switches for data center interconnects, and intracity/metro and long-haul communications. Finisar sells to manufacturers of storage systems and network equipment and their OEMs, which in turn sell to telecom service providers and cloud vendors.

Executives

Michael L Dreyer	director	C/O F5 NETWORKS, INC., 401 ELLIOTT AVE. WEST, SEATTLE WA 98119
Michael C Child	director	125 HIGH ST STE 2500, BOSTON MA 02110
Thomas E Pardun	director	C/O WESTERN DIGITAL CORPORATION, 3355 MICHELSON DR, SUITE 100, IRVINE CA 92612
Helene Simonet	director
Jerry S Rawls	director	1308 MOFFETT PARK DRIVE, SUNNYVALE CA 94089-1133
Robert Stephens	director	3102 MONTANA DEL SOL, SAN CLEMENTE CA 92673
Kurt Adzema	officer: EVP & Chief Financial Officer	1389 MOFFETT PARK DRIVE, SUNNYVALE CA 94089
Michael E. Hurlston	director, officer: CEO	5300 CALIFORNIA AVENUE, IRVINE CA 92617
Eitan Gertel	director, officer: CEO	11780 U.S. HIGHWAY 1, SUITE 600, PALM BEACH GARDENS FL 33408
Dominique Trempont	director	5 RANDALL PLACE, MENLO PARK CA 94025
Christopher J Crespi	director	C/O SIRENZA MICRODEVICES, INC., 303 SOUTH TECHNOLOGY COURT, BROOMFIELD CO 80021
Morgan M Jones	director	C/O BATTERY VENTURES, 20 WILLIAM ST STE 200, WELLESLEY MA 02481
Frank H Levinson	director	3736 FALLON ROAD #428, DUBLIN CA 94568
Harold Hughes	director	C/O RAMBUS INC., 1050 ENTERPRISE WAY, SUITE 700, SUNNYVALE CA 94089