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Perceptron (Perceptron) Long-Term Capital Lease Obligation : $3.38 Mil (As of Sep. 2020)


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What is Perceptron Long-Term Capital Lease Obligation?

Perceptron's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2020 was $3.38 Mil.

Perceptron's quarterly Long-Term Capital Lease Obligation declined from Mar. 2020 ($3.25 Mil) to Jun. 2020 ($3.25 Mil) but then increased from Jun. 2020 ($3.25 Mil) to Sep. 2020 ($3.38 Mil).

Perceptron's annual Long-Term Capital Lease Obligation stayed the same from Jun. 2018 ($0.00 Mil) to Jun. 2019 ($0.00 Mil) but then increased from Jun. 2019 ($0.00 Mil) to Jun. 2020 ($3.25 Mil).


Perceptron Long-Term Capital Lease Obligation Historical Data

The historical data trend for Perceptron'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.

Perceptron Long-Term Capital Lease Obligation Chart

Perceptron Annual Data
Trend Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 3.25

Perceptron Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
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 3.38 3.40 3.25 3.25 3.38

Perceptron  (NAS:PRCP) 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.

Perceptron Long-Term Capital Lease Obligation Related Terms

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Perceptron (Perceptron) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Perceptron Inc (NAS:PRCP) » Definitions » Long-Term Capital Lease Obligation
Traded in Other Exchanges
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Address
47827 Halyard Drive, Plymouth, MI, USA, 48170-2461
Perceptron Inc is a metrology equipment and solutions company. It develops, produces and sells a comprehensive range of automated industrial metrology products and solutions to manufacturing organizations for dimensional gauging and dimensional inspection and 3d scanning. Its product portfolio includes 3D machine vision solutions, robot guidance, coordinate measuring machines, laser scanning and advanced analysis software. The company and its subsidiaries operate in Europe, Asia, and the Americas. It generates the majority of its sales from Europe.
Executives
Harbert Management Corp 10 percent owner 2100 THIRD AVENUE NORTH, SUITE 600, BIRMINGHAM AL 35203
Raymond J Harbert 10 percent owner 2100 THIRD AVENUE NORTH, SUITE 600, BIRMINGHAM AL 35203
Jay Freeland director, officer: Chairman, Interim Pres & CEO 125 TECHNOLOGY PARK, LAKE MARY FL 32746
Sujatha Kumar director 47827 HALYARD DR PLYMOUTH MI 48170-2461
Rick Neely director 6409 GUADALUPE MINES ROAD, SAN JOSE CA 95120
James A Ratigan director 47827 HALYARD DRIVE PLYMOUTH MI 48170
Harbert Fund Advisors, Inc. 10 percent owner 2100 THIRD AVENUE NORTH, SUITE 600, BIRMINGHAM AL 35203
Harbert Discovery Fund, Lp 10 percent owner HARBERT DISCOVERY FUND GP, LLC, 2100 THIRD AVENUE NORTH, SUITE 600, BIRMINGHAM AL 35203
John F. Bryant director, 10 percent owner C/O HARBERT MANAGEMENT CORPORATION, 2100 THIRD AVENUE NORTH, SUITE 600, BIRMINGHAM AL 35203
Kenan Lucas 10 percent owner C/O HARBERT MANAGEMENT CORPORATION, 2100 THIRD AVENUE NORTH, SUITE 600, BIRMINGHAM AL 35203
Harbert Discovery Fund Gp, Llc 10 percent owner 2100 THIRD AVENUE NORTH, SUITE 600, BIRMINGHAM AL 35203
William Charles Taylor director 47827 HALYARD DRIVE PLYMOUTH MI 48170
Bill Roeschlein officer: Interim CFO C/O SELECTICA, INC., 3 WEST PLUMERIA, SAN JOSE CA 95134
Laura Pecoraro officer: Vice President of Finance 47827 HALYARD DR PLYMOUTH MI 48170-2461
Valkenburg Richard Van officer: V.P Global Sales & Marketing 47827 HALYARD PLYMOUTH MI 48170