Vivic (VIVC) Long-Term Capital Lease Obligation: $0.00 Mil (As of Jun. 2024)


VIVC Vivic Corp VIVC
12 GF Score
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What is Vivic Long-Term Capital Lease Obligation?

Vivic VIVC 12 Long-Term Capital Lease Obligation is $0.00 Mil as of Jun. 2024. GuruFocus rates VIVC with a GF Score™ of 12/100.

Vivic's Long-Term Capital Lease Obligation for the quarter that ended in Jun. 2024 was $0.00 Mil.

Vivic's annual Long-Term Capital Lease Obligation increased from Dec. 2020 ($0.00 Mil) to Dec. 2021 ($0.42 Mil) but then declined from Dec. 2021 ($0.42 Mil) to Dec. 2022 ($0.00 Mil).

Vivic  (OTCPK:VIVC) 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.

Vivic Long-Term Capital Lease Obligation Related Terms

Vivic Long-Term Capital Lease Obligation Historical Data

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The historical data trend for Vivic'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.

Vivic Long-Term Capital Lease Obligation Chart

Vivic Annual Data
Trend Apr17 Apr18 Apr19 Dec20 Dec21 Dec22
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial 0.00 0.00 0.00 0.42 0.00

Vivic Quarterly Data
Apr19 Jul19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.00 0.00 0.00 0.00 0.00
VIVC
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Vivic Corp VIVC
Long-Term Capital Lease Obligation is just one metric. See GF Score™, valuation, warning signs, and more.
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What does a Long-Term Capital Lease Obligation of $0.00 Mil mean?
Vivic (VIVC) has a Long-Term Capital Lease Obligation of $0.00 Mil as of Jun. 2024. Capital leases are leases where a finance company is typically the legal owner of the asset during the lease term. View historical data on Vivic and its competitors.
Is Vivic's Long-Term Capital Lease Obligation too high?
Vivic's current Long-Term Capital Lease Obligation is $0.00 Mil. Overall, Vivic has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Vivic's Long-Term Capital Lease Obligation compare to VMAR and VEEE?
Vivic's Long-Term Capital Lease Obligation of $0.00 Mil can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Long-Term Capital Lease Obligation for a Vehicles & Parts company?
A good Long-Term Capital Lease Obligation depends on the Vehicles & Parts industry context. However, Long-Term Capital Lease Obligation should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Long-Term Capital Lease Obligation mean?
A high Long-Term Capital Lease Obligation can signal that a stock is expensive relative to its fundamentals. Capital leases are leases where a finance company is typically the legal owner of the asset during the lease term. View historical data on Vivic and its competitors. Vivic's current Long-Term Capital Lease Obligation is $0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vivic stock overvalued right now?
Vivic (VIVC) has a current Long-Term Capital Lease Obligation of $0.00 Mil. The current Long-Term Capital Lease Obligation is $0.00 Mil. Vivic's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Long-Term Capital Lease Obligation calculated?
Long-Term Capital Lease Obligation is calculated from a company's financial statements. For Vivic (VIVC), the current Long-Term Capital Lease Obligation is $0.00 Mil as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Vivic Business Description

Address 187 E. Warm Spring Road, PMB No. B450, Las Vegas, NV, USA, 89119-4112
Vivic Corp is engaged in the research and development of yacht manufacturing using new energy-saving technology. It includes yacht sales, marine tourism, development of electric-powered yachts, development and operation of yacht marinas in Asia, and the development of a yacht rental and time share service.
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Long-Term Capital Lease Obligation is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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