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Apple Inc  (NAS:AAPL) Capital Lease Obligation: $0 Mil (As of Sep. 2018)

Apple Inc's long-term capital lease obligation for the quarter that ended in Sep. 2018 was $0 Mil.


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Apple Inc Annual Data

Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18
Capital Lease Obligation Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Apple Inc Quarterly Data

Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
Capital Lease Obligation 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 Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Calculation

Capital lease obligations 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 current portion of a capital lease obligation is the portion of a long-term capital lease that is due over the next year.


Explanation

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.

Headlines

From the Internet

Wednesday Wrap-Up: The Bear Bites Into Apple

- theStreet 2018-11-14 15:59:00

Apple Shares Tumble Into Bear Market Territory

- theStreet 2018-11-14 12:28:00

Stock Market News For Nov 14, 2018

- Zacks 2018-11-14 08:30:00

$NFLX $AAPL Apple Ignore Noise

- Seekingalpha 2018-11-13 20:43:26

$AAPL #APPLE $FIT Fitbit Races Bottom Step Aside

- Seekingalpha 2018-11-13 17:08:32

Apple Shares Down 5%, Now What?

- Zacks 2018-11-13 15:37:00

$LITE $AAPL Apple Repeat 2015minus 16

- Seekingalpha 2018-11-13 15:01:01

FAANG Stocks Rally in Big Tech Rebound

- theStreet 2018-11-13 11:55:00

$NFLX $XI $AAPL Apple Shine

- Seekingalpha 2018-11-13 11:08:31

Earnings Data Deluge

- Zacks 2018-11-13 09:37:00

$AAPL #APPLE Apple Stock Buy 16 Percent Decline

- Seekingalpha 2018-11-13 08:33:46

Stock Market News For Nov 13, 2018

- Zacks 2018-11-13 08:31:00

Gotta Stop the Drop: Cramer's 'Mad Money' Recap

- theStreet 2018-11-12 18:49:00

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