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SeaDragon (NZSE:SEA) Long-Term Capital Lease Obligation : NZ$0.00 Mil (As of Sep. 2019)


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What is SeaDragon Long-Term Capital Lease Obligation?

SeaDragon's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2019 was NZ$0.00 Mil.

SeaDragon's annual Long-Term Capital Lease Obligation stayed the same from Mar. 2018 (NZ$0.00 Mil) to Mar. 2019 (NZ$0.00 Mil) but then increased from Mar. 2019 (NZ$0.00 Mil) to Mar. 2020 (NZ$1.57 Mil).


SeaDragon Long-Term Capital Lease Obligation Historical Data

The historical data trend for SeaDragon'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.

SeaDragon Long-Term Capital Lease Obligation Chart

SeaDragon Annual Data
Trend Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 1.57

SeaDragon Semi-Annual Data
Sep10 Mar11 Sep11 Mar12 Sep12 Mar13 Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20
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 - - - - 1.57

SeaDragon  (NZSE:SEA) 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.

SeaDragon Long-Term Capital Lease Obligation Related Terms

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SeaDragon (NZSE:SEA) Business Description

Traded in Other Exchanges
N/A
Address
12 Nayland Road, Stoke, Nelson, NZL, 7011
SeaDragon Ltd is engaged in the manufacture of refined fish oils. The Company's products include Omega-2 and Omega-3. Its Omega-2 product is sourced from either animal or vegetable sources and is used in the cosmetics, nutraceutical, pharmaceutical industries, lubrication and in fiber coatings. The Omega-3 products involve tuna and marine-farmed salmon which help in the processing of initial unrefined oils. The company exports its products to various countries, which include Australia, South East and North Asia, Japan, the European Union, China, the United States and Canada.

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