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Orbital ATK (Orbital ATK) Long-Term Capital Lease Obligation : $0 Mil (As of Mar. 2018)


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What is Orbital ATK Long-Term Capital Lease Obligation?

Orbital ATK's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2018 was $0 Mil.


Orbital ATK Long-Term Capital Lease Obligation Historical Data

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

Orbital ATK Annual Data
Trend Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Dec16 Dec17
Long-Term Capital Lease Obligation
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Orbital ATK Quarterly Data
Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18
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Orbital ATK  (NYSE:OA) 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.

Orbital ATK Long-Term Capital Lease Obligation Related Terms

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Orbital ATK (Orbital ATK) Business Description

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Orbital ATK is a globally integrated aerospace and defense company that builds and delivers space, defense, and aviation-related systems. The company collaborates with other companies during aircraft development programs and uses contracts to ensure future revenue. Numerous sales have come from contracts with agencies of the U.S. government. One aspect of the company offers engineering, manufacturing, and program management services to civil government and military space agencies. Many projects require significant investments in research and development to help with customization for clients.
Executives
Douglas L Maine director ALBEMARLE CORP, 451 FLORIDA ST, BATON ROUGE LA 70801
Christine Ann Wolf officer: Former SVP Human Resources 7480 FLYING CLOUG DRIVE, MINNEAPOLIS MN 55344
Tig H Krekel director HUGHES SPACE AND COMMUNICATIONS CO., PO BOX 92919, BLDG. S-10 - M/S S-302, LOS ANGELES CA 90009
Christopher Anthony Voci officer: Former VP and Controller C/O ORBITAL ATK, INC., 45101 WARP DRIVE, DULLES VA 20166
Thomas E Mccabe officer: Former EVP and General Counsel C/O ORBITAL SCIENCES CORPORATION, 45101 WARP DRIVE, DULLES VA 20166
Ronald T Kadish director 21839 ATLANTIC BOULEVARD, DULLES VA 20166
Ronald R Fogleman director C/O AAR CORP., 1100 N. WOOD DALE ROAD, WOOD DALE IL 60191
David W Thompson director, officer: Former President and CEO 21700 ATLANTIC BLVD, ORBITAL SCIENCES CORP, DULLES VA 20166
Garrett E Pierce officer: Former Chief Financial Officer 21839 ATLANTIC BLVD, DULLES VA 20166
Janice I Obuchowski director 21700 ATLANTIC BLVD, ORBITAL SCIENCES CORP, DULLES VA 20166
Roman Iv Martinez director 90 OARJ AVE 4TH FLOOR, GREENPOINT BANK, NEW YORK NY 10016
Kevin P. Chilton director 1201 LAKE ROBBINS DRIVE, THE WOODLANDS TX 77380
Roxanne J Decyk director 2801 80TH STREET, KENOSHA WI 53143
Blake E Larson officer: Former Chief Operating Officer 5050 LINCOLN DRIVE, EDINA MN 55436
Mark W Deyoung director