Verseon (Verseon) Long-Term Capital Lease Obligation : $0.11 Mil (As of Jun. 2019)

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What is Verseon Long-Term Capital Lease Obligation?

Verseon's Long-Term Capital Lease Obligation for the quarter that ended in Jun. 2019 was $0.11 Mil.

Verseon's quarterly Long-Term Capital Lease Obligation declined from Jun. 2018 ($0.34 Mil) to Dec. 2018 ($0.23 Mil) and declined from Dec. 2018 ($0.23 Mil) to Jun. 2019 ($0.11 Mil).

Verseon's annual Long-Term Capital Lease Obligation stayed the same from Dec. 2016 ($0.00 Mil) to Dec. 2017 ($0.00 Mil) but then increased from Dec. 2017 ($0.00 Mil) to Dec. 2018 ($0.23 Mil).

Verseon Long-Term Capital Lease Obligation Historical Data

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

Verseon Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Long-Term Capital Lease Obligation

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0.23

Verseon Semi-Annual Data
	Dec11	Dec12	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial									-	-	0.34	0.23	0.11

Verseon (GREY:VERS) 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.

Verseon Long-Term Capital Lease Obligation Related Terms

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Verseon (Verseon) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Verseon Corp (GREY:VERS) » Definitions » Long-Term Capital Lease Obligation

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Address

47071 Bayside Parkway, Fremont, CA, USA, 94538

Website

http://www.verseon.com

Verseon Corp is a part of the healthcare sector in the United States. It is a technology-based pharmaceutical company with a computer-driven drug discovery platform. The company designs novel drug candidates that are unlikely to be found using conventional methods. It is also engaged in drug discovery programs such as the diabetic macular edema product candidates, which treat the diseases by controlled disruption of the kallikrein kinin cascade.