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SanDisk (SanDisk) Long-Term Capital Lease Obligation : $0 Mil (As of Mar. 2016)


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What is SanDisk Long-Term Capital Lease Obligation?

SanDisk's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2016 was $0 Mil.


SanDisk Long-Term Capital Lease Obligation Historical Data

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

SanDisk Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Long-Term Capital Lease Obligation
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SanDisk Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16
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SanDisk  (NAS:SNDK) 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.

SanDisk Long-Term Capital Lease Obligation Related Terms

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SanDisk (SanDisk) Business Description

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Address
SanDisk Corp was incorporated in Delaware in June 1988. The Company designs, develops and manufactures data storage solutions in a variety of form factors using flash memory, controller, firmware and software technologies. Its solutions include SSDs, embedded products, removable cards, universal serial bus, or USB, drives, wireless media drives, digital media players and wafers and components. The Company's SSD products are used in both client computing platforms and enterprise data centers. Its embedded flash products are used in mobile phones, tablets, computing platforms, imaging devices, and many other products. Its removable cards are used in consumer electronics devices such as mobile phones, tablets, digital cameras, gaming devices and personal computers or PCs. The Company operates in one segment, flash memory storage products. It operates in United States, China, Taiwan, Other Asia-Pacific & Europe, Middle East and Africa. The Company competes with NAND flash memory manufacturers, including Hynix, Intel, Micron Technology, Inc., or Micron, Samsung and Toshiba. The Company's primary competitors currently include, among others, Kingston Technology Company, Inc., or Kingston, Lexar Media, Inc., or Lexar, a subsidiary of Micron, PNY Technologies, Inc., or PNY, Samsung, Sony and Transcend Information, Inc., or Transcend. In the USB flash drive market. SanDisk is the Company's trademark, and is registered in the U.S. and other countries.
Executives
Judy Bruner officer: Exec. VP, Administration, CFO C/O SANDISK CORPORATION, 601 MCCARTHY BLVD., MILPITAS CA 95035
Mark David Brazeal officer: SVP, Chief Legal Officer & IP 1320 RIDDER PARK DRIVE, SAN JOSE CA 95131
Eddy W Hartenstein director
Chenming Hu director 2060 PEBBLE DRIVE, ALAMO CA 94507
Catherine P Lego director C/O GUIDEWIRE SOFTWARE, INC., 970 PARK PL, SUITE 200, SAN MATEO CA 94403
Michael E Marks director
Steven J Gomo director 495 E. JAVA DRIVE, SUNNYVALE CA 94089
Sanjay Mehrotra director, officer: President/CEO C/O WESTERN DIGITAL CORPORATION, 3355 MICHELSON DRIVE, SUITE 100, IRVINE CA 92612
Robertson Donald F Jr officer: VP & Chief Accounting Officer C/O NVIDIA CORPORATION, 2788 SAN TOMAS EXPRESSWAY, SANTA CLARA CA 95051
Srinivasan Sivaram officer: EVP, Memory Technology C/O WESTERN DIGITAL CORPORATION, 5601 GREAT OAKS PARKWAY, SAN JOSE CA 95119
Irwin Federman director 2735 SAND HILL ROAD, MENLO PARK CA 94025
Sumit Sadana officer: EVP, CSO & GM Enterprise 47544 AVALON HEIGHTS TERRACE, FREMONT CA 94539
Eric S Whitaker officer: SVP & Senior Legal Officer
Kevin A Denuccio director 300 HOLGER WAY, SAN JOSE CA 95134
Randhir Thakur officer: EVP,Technology & Worldwide Ops C/O APPLIED MATERIALS, INC., 3050 BOWERS AVENUE, P.O. BOX 58039, SANTA CLARA CA 95052-8039

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