Volta (VLTA) Long-Term Capital Lease Obligation : $81.38 Mil (As of Sep. 2022)

View and export this data going back to 2021. Start your Free Trial

What is Volta Long-Term Capital Lease Obligation?

Volta's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2022 was $81.38 Mil.

Volta's quarterly Long-Term Capital Lease Obligation increased from Mar. 2022 ($75.46 Mil) to Jun. 2022 ($80.47 Mil) and increased from Jun. 2022 ($80.47 Mil) to Sep. 2022 ($81.38 Mil).

Volta's annual Long-Term Capital Lease Obligation increased from . 20 ($0.00 Mil) to Dec. 2020 ($37.15 Mil) and increased from Dec. 2020 ($37.15 Mil) to Dec. 2021 ($64.42 Mil).

Volta Long-Term Capital Lease Obligation Historical Data

The historical data trend for Volta'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.

Volta Long-Term Capital Lease Obligation Chart

Volta Annual Data

Trend

Dec20

Dec21

Long-Term Capital Lease Obligation

37.15

64.42

Volta Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial				47.84	64.42	75.46	80.47	81.38

Volta (NYSE:VLTA) 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.

Volta Long-Term Capital Lease Obligation Related Terms

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

Volta (VLTA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Volta Inc (NYSE:VLTA) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

155 De Haro Street, San Francisco, CA, USA, 94103

Website

https://www.voltacharging.com

Volta Inc is engaged in the industry of commerce-centric electric vehicle (EV) charging networks. It builds EV charging networks that capitalize on and catalyze the shift from combustion-powered miles to electric miles by placing stations where consumers are active. As part of Volta's EV charging offering, its stations allow it to enhance its site hosts' and strategic partners' core commercial interests, creating a new means for them to benefit from the transformative shift to electric mobility.

Executives

Bonita C. Stewart	director	250 COROMAR DRIVE, GOLETA CA 93117
Stephen J. Pilatzke	officer: Chief Accounting Officer	1845 WALNUT STREET, 10TH FLOOR, PHILADELPHIA PA 19103
Katherine J Savitt	director	C/O VOLTA INC., 155 DE HARO STREET, SAN FRANCISCO CA 94103
Michelle Kley	officer: Chief Legal Officer	C/O VIRGIN GALACTIC HOLDINGS, INC., 166 NORTH ROADRUNNER PARKWAY, SUITE 1C, LAS CRUCES NM 88011
Vincent T. Cubbage	director, officer: Interim CEO	725 FIFTH AVE., 19TH FLOOR, NEW YORK NY 10022
John J. Tough	director	C/O VOLTA INDUSTRIES, INC., 155 DE HARO STREET, SAN FRANCISCO CA 94103
Martin Lauber	director	C/O VOLTA INDUSTRIES, INC., 155 DE HARO STREET, SAN FRANCISCO CA 94103
Brandt Hastings	officer: Chief Commercial Officer	C/O VOLTA INDUSTRIES, INC., 155 DE HARO STREET, SAN FRANCISCO CA 94103
Eli Aheto	director	C/O VOLTA INDUSTRIES, INC., 155 DE HARO STREET, SAN FRANCISCO CA 94103
Volta Inc.	officer: Chief Accounting Officer	155 DE HARO STREET, SAN FRANCISCO CA 94103
Yifan Tang	officer: Chief Technology Officer	C/O VOLTA INDUSTRIES, INC., 155 DE HARO STREET, SAN FRANCISCO CA 94103
Scott Mercer	director, officer: Chief Executive Officer	C/O VOLTA INDUSTRIES, INC., 155 DE HARO STREET, SAN FRANCISCO CA 94103
Virgo Hermes, Llc	10 percent owner	1201 HOWARD AVENUE, SUITE 300, BURLINGAME CA 94010
Jesse C Watson	10 percent owner	1201 HOWARD AVENUE, SUITE 300, BURLINGAME CA 94010
Virgo Agency Services Llc	10 percent owner	1201 HOWARD AVENUE, SUITE 300, BURLINGAME CA 94010