GURUFOCUS.COM » STOCK LIST » Technology » Software » Telenav Inc (NAS:TNAV) » Definitions » Long-Term Capital Lease Obligation

Telenav (Telenav) Long-Term Capital Lease Obligation : $5.9 Mil (As of Dec. 2020)


View and export this data going back to 2010. Start your Free Trial

What is Telenav Long-Term Capital Lease Obligation?

Telenav's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2020 was $5.9 Mil.

Telenav's quarterly Long-Term Capital Lease Obligation declined from Jun. 2020 ($5.2 Mil) to Sep. 2020 ($4.7 Mil) but then increased from Sep. 2020 ($4.7 Mil) to Dec. 2020 ($5.9 Mil).

Telenav's annual Long-Term Capital Lease Obligation stayed the same from Jun. 2018 ($0.0 Mil) to Jun. 2019 ($0.0 Mil) but then increased from Jun. 2019 ($0.0 Mil) to Jun. 2020 ($5.2 Mil).


Telenav Long-Term Capital Lease Obligation Historical Data

The historical data trend for Telenav'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.

Telenav Long-Term Capital Lease Obligation Chart

Telenav 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 - - - - 5.19

Telenav Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
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 6.46 5.79 5.19 4.65 5.86

Telenav  (NAS:TNAV) 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.

Telenav Long-Term Capital Lease Obligation Related Terms

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


Telenav (Telenav) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Telenav Inc (NAS:TNAV) » Definitions » Long-Term Capital Lease Obligation
Traded in Other Exchanges
N/A
Address
4655 Great America Parkway, Suite 300, Santa Clara, CA, USA, 95054
Telenav Inc is a provider of location-based services, including voice-guided navigation, on mobile phones. The company's operating segment includes Automotive; Advertising and Mobile Navigation. It generates maximum interest from the Automotive segment. Automotive segment utilizes connected car platform to deliver enhanced location-based navigation services to automobile manufacturers and tier ones, which includes on-board navigation systems, advanced hybrid navigation solutions, and mobile phone-based navigation solutions. Geographically, it derives a majority of revenue from the United States.
Executives
Hassan Wahla officer: Chief Customer Officer C/O TELENAV, INC., 4655 GREAT AMERICA PK SUITE 300 SANTA CLARA CA 95054
Stephen Debenham officer: V.P, General Counsel,Secretary 46897 BAYSIDE PARKWAY FREMONT CA 94638
Salman Dhanani officer: Chief Operating Officer C/O TELENAV, INC., 4655 GREAT AMERICA PK SUITE 300 SANTA CLARA CA 95054
Adeel Manzoor officer: Chief Financial Officer 4655 GREAT AMERICA PARKWAY, SUITE 300, SANTA CLARA CA 95054
H.p. Jin director, officer: President,CEO,Board Chair C/O TELENAV, INC. 4655 GREAT AMERICA PARKWAY - SUITE 300 SANTA CLARA CA 95054
Brett Hendrickson 10 percent owner 300 CRESCENT COURT, SUITE 1740, DALLAS TX 75201
Nokomis Capital, L.l.c. 10 percent owner 1717 MCKINNEY AVENUE, SUITE 850, DALLAS TX 75202
Karen C Francis director 200 SW 1ST AVE, SUITE 1600, FORT LAUDERDALE FL 33301
Randy L. Ortiz director C/O TELENAV, INC. 4655 GREAT AMERICA PARKWAY, SUITE 300 SANTA CLARA CA 95054
Samuel Chen director C/O TELENAV, INC., 4655 GREAT AMERICA PK SUITE 300 SANTA CLARA CA 95054
Wes Cummins director 4505 LORRAINE AVE, DALLAS TX 75205
Douglas S Miller director C/O TELENAV, INC., 4655 GREAT AMERICA PK, SUITE 300, SANTA CLARA CA 95054
Ken Xie director 4655 GREAT AMERICA PARKWAY - SUITE 300, SANTA CLARA CA 95054
Kandal Philipp Wolfgang Josef officer: SVP of Engineering C/O TELENAV, INC. 4655 GREAT AMERICA PARKWAY, SUITE 300 SANTA CLARA CA 95054
David Ritenour officer: Interim General Counsel 4655 GREAT AMERICA PARKWAY, SUITE 300 SANTA CLARA CA 95054

Telenav (Telenav) Headlines

From GuruFocus

Telenav Stockholders Approve "Go-Private" Transaction with V99

By Business Wire Business Wire 02-17-2021

Telenav Announces Expiration of "Go-Shop" Period

By Business Wire Business Wire 12-03-2020