GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Netlist Inc (OTCPK:NLST) » Definitions » Long-Term Capital Lease Obligation

Netlist (Netlist) Long-Term Capital Lease Obligation : $1.21 Mil (As of Dec. 2023)


View and export this data going back to 2006. Start your Free Trial

What is Netlist Long-Term Capital Lease Obligation?

Netlist's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1.21 Mil.

Netlist's quarterly Long-Term Capital Lease Obligation declined from Jun. 2023 ($1.48 Mil) to Sep. 2023 ($1.35 Mil) and declined from Sep. 2023 ($1.35 Mil) to Dec. 2023 ($1.21 Mil).

Netlist's annual Long-Term Capital Lease Obligation increased from Dec. 2021 ($1.59 Mil) to Dec. 2022 ($1.74 Mil) but then declined from Dec. 2022 ($1.74 Mil) to Dec. 2023 ($1.21 Mil).


Netlist Long-Term Capital Lease Obligation Historical Data

The historical data trend for Netlist'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.

Netlist Long-Term Capital Lease Obligation Chart

Netlist Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.50 - 1.59 1.74 1.21

Netlist Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Long-Term Capital Lease Obligation Get a 7-Day Free Trial 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 1.74 1.62 1.48 1.35 1.21

Netlist  (OTCPK:NLST) 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.

Netlist Long-Term Capital Lease Obligation Related Terms

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


Netlist (Netlist) Business Description

Industry
Traded in Other Exchanges
Address
111 Academy, Suite 100, Irvine, CA, USA, 92617
Netlist Inc is involved in the business of designing and manufacturing modular memory subsystems and also cloud service providers. Its products include Storage class memory, nonvolatile memory, specialty DIMMs and embedded flash. The company's products are based on its proprietary technologies such as Presight technology, Distributed buffer architecture, IC design, PCB designs, Thermal management designs.
Executives
Gail Misako Itow officer: Vice President and CFO C/O NETLIST, INC., 51 DISCOVERY, STE 150, IRVINE CA 92618
Chun K Hong director, 10 percent owner, officer: President,CEO & Chairman C/O NETLIST, INC., 51 DISCOVERY, STE 150, IRVINE CA 92618
Kiho Choi director 3435 WILSHIRE BLVD., SUITE 2240, LOS ANGELES CA 90010
Jeff Benck director BENCHMARK ELECTRONICS, INC., 56 SOUTH ROCKFORD DRIVE, TEMPE AZ 85281
Vince Sheeran director 175 TECHNOLOGY DRIVE, IRVINE CA 92618
Jun Cho director C/O NETLIST, INC., 475 GODDARD, IRVINE CA 92618
Blake Welcher director 5220 LAS VIRGENES ROAD, CALABASAS CA 91302
Charles F Cargile director C/O SUNWORKS, INC., 1010 WINDING CREEK ROAD, SUITE 100, ROSEVILLE CA 95678
Hk Desai director 26650 ALISO VIEJO PARKWAY, ALISO VIEJO CA 92656
Claude M Leglise director 875 MAHLER RD, STE 280, BURLINGAME CA 94010
Richard Char director 45 WEST 36TH STREET, NEW YORK NY 10018
Thomas F Lagatta director MARVELL SEMICONDUCTOR, INC., 5488 MARVELL LANE, SANTA CLARA CA 95054
Alan H Portnoy director C/O NETLIST, INC., 475 GODDARD, IRVINE CA 92618
Nam Ki Hong director C/O NETLIST, INC., 475 GODDARD, IRVINE CA 92618
James Patrick Perrott officer: SVP of Sales and Marketing 51 DISCOVERY, IRVINE CA 92618