Qlik Technologies (Qlik Technologies) Long-Term Capital Lease Obligation : $0.0 Mil (As of Jun. 2016)

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What is Qlik Technologies Long-Term Capital Lease Obligation?

Qlik Technologies's Long-Term Capital Lease Obligation for the quarter that ended in Jun. 2016 was $0.0 Mil.

Qlik Technologies Long-Term Capital Lease Obligation Historical Data

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

Qlik Technologies Annual Data

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Long-Term Capital Lease Obligation

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Qlik Technologies Quarterly Data
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Qlik Technologies (NAS:QLIK) 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.

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Qlik Technologies (Qlik Technologies) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Qlik Technologies Inc (NAS:QLIK) » Definitions » Long-Term Capital Lease Obligation

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Address

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http://www.qlik.com

Qlik Technologies Inc was founded in Sweden in 1993. It solves problems for organizations of all sizes, including the enterprises. The Company is a user-driven Business Intelligence solution that enables its customers to make robust and faster business decisions. The Qlikview Business Discovery platform, or QlikView, helps people create and share insights and analysis in groups and across organizations. Business users can explore data, ask and answer their own stream of questions and follow their own path to insight on their own and in teams and groups. The QlikView is powered by its in-memory engine which maintains associations in data and calculates aggregations as needed. The Company operates in one business segment, namely, the development, commercialization and implementation of software products and related services. It offers solution from middle market customers to large enterprises such as Autodesk, The Dannon Company, Inc., Heidelberger Druckmaschinen AG, Hertz, ING, Kraft Foods, L'Oreal, Lifetime Brands, Lockton Insurance, National Health Service (NHS), Panasonic, Qualcomm, Sony Europe, Symantec, U.S. Department of Veterans Affairs and Volvo Car UK Limited. Its products include: QlikView, QlikView Expressor and QlikView.Next. Its customers can renew, and generally have renewed, their maintenance agreements for a fee that is based upon a percentage of the initial license fee paid. Company market and sell its products and services through its direct sales force and an indirect sales channel comprised of partner network. The Company competes with large software corporations, including suppliers of enterprise resource planning software, that provide one or more capabilities competitive with its products, such as IBM, Microsoft, Oracle and SAP AG.

Executives

Timothy J Maccarrick	officer: CFO	C/O QLIK TECHNOLOGIES INC.,, 150 N. RADNOR CHESTER ROAD, RADNOR PA 19087
Deborah C Hopkins	director	1007 MARKET ST, WILMINGTON DE 19898
Bruce Golden	director	428 UNIVERSITY AVE, PALO ALTO CA 94301
Diane Adams	officer: Chief People Officer	222 MERCHANDISE MART PLAZA, SUITE 2024, CHICAGO IL 60654
Steffan Tomlinson	director	PALO ALTO NETWORKS, INC., 3300 OLCOTT STREET, SANTA CLARA CA 95054
Gavin John J Jr	director
John C Burris	director	851 WEST CYPRESS CREEK ROAD, FORT LAUDERDALE FL 33309
Erel N Margalit	director	41 MADISON AVENUE 25TH FLOOR, NEW YORK NY 10010
Jerusalem Partners Iv Lp	10 percent owner	C/O JVP CONSULTING INC, 41 MADISON AVE 25TH FL, NEW YORK NY 10010
Jerusalem Venture Partners Iv A Lp	10 percent owner	C/O JVP CONSULTING INC, 41 MADISON AVE 25TH FL, NEW YORK NY 10010
Jerusalem Venture Partners Iv Israel Lp	10 percent owner	JERUSALEM TECHNOLOGY PARK, BUILDING 1, MALHA, JERUSALEM L3 91487
Jerusalem Partners Iv - Venture Capital Lp	10 percent owner	JERUSALEM TECHNOLOGY PARK, BUILDING 1, MALHA, JERUSALEM L3 91487
Jerusalem Venture Partners Entrepreneurs Fund Iv Lp	10 percent owner	C/O JVP CONSULTING INC, 41 MADISON AVE 25TH FL, NEW YORK NY 10010
Jvp Corp Iv	10 percent owner	C/O ALEXANDRIA BANCORP LTD, P.O. BOX 2428 GT, GRAND CAYMAN E9 00000
Jerusalem Venture Partners Iv Lp	10 percent owner	C/O JVP CONSULTING INC, 41 MADISON AVE 25TH FLOOR, NEW YORK NY 10010

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