VTech Holdings (VTech Holdings) Long-Term Capital Lease Obligation : $149 Mil (As of Sep. 2023)

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What is VTech Holdings Long-Term Capital Lease Obligation?

VTech Holdings's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2023 was $149 Mil.

VTech Holdings's quarterly Long-Term Capital Lease Obligation declined from Sep. 2022 ($164 Mil) to Mar. 2023 ($163 Mil) and declined from Mar. 2023 ($163 Mil) to Sep. 2023 ($149 Mil).

VTech Holdings's annual Long-Term Capital Lease Obligation declined from Mar. 2021 ($189 Mil) to Mar. 2022 ($177 Mil) and declined from Mar. 2022 ($177 Mil) to Mar. 2023 ($163 Mil).

VTech Holdings Long-Term Capital Lease Obligation Historical Data

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

VTech Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Long-Term Capital Lease Obligation

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147.30

188.60

176.50

163.30

VTech Holdings Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															191.10	176.50	164.10	163.30	149.00

VTech Holdings (OTCPK:VTKLF) 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.

VTech Holdings Long-Term Capital Lease Obligation Related Terms

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VTech Holdings (VTech Holdings) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » VTech Holdings Ltd (OTCPK:VTKLF) » Definitions » Long-Term Capital Lease Obligation

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Traded in Other Exchanges

VTKLY:USA 00303:Hong Kong VTCB:Germany

Address

Block 1, 57 Ting Kok Road, Tai Po, 23rd Floor, Tai Ping Industrial Centre, New Territories, Hong Kong, HKG

Website

https://www.vtech.com

VTech Holdings Ltd is engaged in designing, manufacturing, and distribution of consumer electronic products. It also provides contract manufacturing services. VTech's diverse collection of products include Telephone Products, Business Phones, Electronic Learning Toys, Baby Monitors and Hospitality Products. It offers turnkey services to customers in a number of product categories. The company operates through four geographical segments, North America including the United States and Canada, Europe, Asia Pacific and Others, which covers sales of electronic products to the rest of the world. VTech generates a majority of its revenue from North America and Europe.