Virbac (Virbac) Long-Term Capital Lease Obligation : $27 Mil (As of Jun. 2023)

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

What is Virbac Long-Term Capital Lease Obligation?

Virbac's Long-Term Capital Lease Obligation for the quarter that ended in Jun. 2023 was $27 Mil.

Virbac's quarterly Long-Term Capital Lease Obligation declined from Jun. 2022 ($30 Mil) to Dec. 2022 ($29 Mil) and declined from Dec. 2022 ($29 Mil) to Jun. 2023 ($27 Mil).

Virbac's annual Long-Term Capital Lease Obligation increased from Dec. 2020 ($33 Mil) to Dec. 2021 ($33 Mil) but then declined from Dec. 2021 ($33 Mil) to Dec. 2022 ($29 Mil).

Virbac Long-Term Capital Lease Obligation Historical Data

The historical data trend for Virbac'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.

Virbac Long-Term Capital Lease Obligation Chart

Virbac Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

1.84

28.99

32.61

33.29

29.02

Virbac Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															36.01	33.29	30.36	29.02	27.35

Virbac (OTCPK:VRBCF) 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.

Virbac Long-Term Capital Lease Obligation Related Terms

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

Virbac (Virbac) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Virbac SA (OTCPK:VRBCF) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

0NM7:UK VIRP:France V16:Germany

Address

2065m LID, 1 ere avenue, Carros, FRA, 06516

Website

https://www.virbac.com

Virbac SA is a drug manufacturing company with a focus on animal health. The company generates the vast majority of its revenue in Europe, followed by North America and Latin America.