Heico (HEI) Long-Term Capital Lease Obligation : $0 Mil (As of Jan. 2024)

View and export this data going back to 1992. Start your Free Trial

What is Heico Long-Term Capital Lease Obligation?

Heico's Long-Term Capital Lease Obligation for the quarter that ended in Jan. 2024 was $0 Mil.

Heico Long-Term Capital Lease Obligation Historical Data

The historical data trend for Heico'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.

Heico Long-Term Capital Lease Obligation Chart

Heico Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

Heico Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															-	-	-	-	-

Heico (NYSE:HEI) 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.

Heico Long-Term Capital Lease Obligation Related Terms

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

Heico (HEI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Heico Corp (NYSE:HEI) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

HEI.A:USA HC1A:Germany HC1:Germany HC1:Germany

Address

3000 Taft Street, Hollywood, FL, USA, 33021

Website

https://www.heico.com

Heico is an aerospace and defense supplier that focuses on creating niche replacement parts for commercial aircraft and components for defense products. In commercial aerospace, Heico is the largest independent producer of replacement aircraft parts, primarily for engines. In the defense market, the company produces niche subcomponents used in targeting technology as well as simulation equipment, among other things. It operates as two segments: the flight support group,or FSG, and the electronic technologies group, or ETG, both of which supply the aerospace and defense sectors to different degrees. The company is highly acquisitive, focusing on companies in similar or adjacent markets that are generating strong cash flow with the potential for growth.

Executives

Carol F. Fine	director	3000 TAFT STREET, HOLLYWOOD FL 33021
Laurans A Mendelson	director, 10 percent owner, officer: COB and CEO
Wolfgang Mayrhuber	director	C/O HEICO, 3000 TAFT STREET, HOLLYWOOD FL 33021
Adolfo Henriques	director	C/O UNION PLANTERS CORP, 6200 POPLAR AVE, MEMPHIS TN 38119
Julie Neitzel	director	3000 TAFT STREET, HOLLYWOOD FL 33021
Mark H Hildebrandt	director	3000 TAFT STREET, HOLLYWOOD FL 33021
Frank J Schwitter	director	45 SUTTON PLACE SOUTH APT. 12G, NEW YORK X1 10022
Eric A Mendelson	director, officer: Co-President
Victor H Mendelson	director, officer: Executive Vice President
Thomas M Culligan	director	3000 TAFT STREET, HOLLYWOOD FL 33021
Alan Schriesheim	director	3000 TAFT STREET, HOLLYWOOD FL 33021
Thomas S Irwin	officer: Executive Vice President, CFO	3000 TAFT STREET, HOLLYWOOD FL 33021
Steven M Walker	officer: Chief Accounting Officer	3000 TAFT STREET, HOLLYWOOD FL 33021
Samuel L Higginbottom	director
Carlos L Macau	officer: EVP-CFO & Treasurer	3000 TAFT STREET, HOLLYWOOD FL 33021