Unitronix (Unitronix) Long-Term Capital Lease Obligation : $0.00 Mil (As of Jun. 2023)

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What is Unitronix Long-Term Capital Lease Obligation?

Unitronix's Long-Term Capital Lease Obligation for the quarter that ended in Jun. 2023 was $0.00 Mil.

Unitronix Long-Term Capital Lease Obligation Historical Data

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

Unitronix Annual Data

Trend

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Long-Term Capital Lease Obligation

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Unitronix Semi-Annual Data
	Jun96	Jun97	Jun98	Jun99	Jun00	Jun01	Jun02	Jun03	Jun04	Jun22	Jun23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial						-	-	-	-	-

Unitronix (OTCPK:UTRX) 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.

Unitronix Long-Term Capital Lease Obligation Related Terms

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Unitronix (Unitronix) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Unitronix Corp (OTCPK:UTRX) » Definitions » Long-Term Capital Lease Obligation

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Address

525 Route 73 North, Suite 104, Marlton, NJ, USA, 08053

Website

https://www.unitronics.com

Unitronix Corp is a software development and services company. It provides products or software for the OEM market, or executing a large-scale automated project, the goal is to provide clients with safe, user-friendly, cost-effective automated control products.

Executives

William C Wimer	officer: Chief Financial Officer	C/O UNITRONIX CORP, 16 ORCHARD LN, TOPSFIELD MA 01983
Dale M Hendrick	director, officer: President	111 RICHMOND STREET W STE 901, TORONTO ONTARIO, CANADA M5W 2G4 A6 0000

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