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Gemalto (XPAR:GTO) Long-Term Capital Lease Obligation : €1 Mil (As of Dec. 2018)


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What is Gemalto Long-Term Capital Lease Obligation?

Gemalto's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2018 was €1 Mil.

Gemalto's quarterly Long-Term Capital Lease Obligation increased from Dec. 2017 (€0 Mil) to Jun. 2018 (€0 Mil) and increased from Jun. 2018 (€0 Mil) to Dec. 2018 (€1 Mil).

Gemalto's annual Long-Term Capital Lease Obligation increased from Dec. 2016 (€0 Mil) to Dec. 2017 (€0 Mil) and increased from Dec. 2017 (€0 Mil) to Dec. 2018 (€1 Mil).

Gemalto Long-Term Capital Lease Obligation Historical Data

The historical data trend for Gemalto'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.

Gemalto Long-Term Capital Lease Obligation Chart

Gemalto Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.17 0.12 0.28 0.29 0.80

Gemalto Semi-Annual Data
Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18
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 0.28 0.32 0.29 0.34 0.80

Gemalto  (XPAR:GTO) 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.

Gemalto Long-Term Capital Lease Obligation Related Terms

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Gemalto (XPAR:GTO) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Gemalto (XPAR:GTO) » Definitions » Long-Term Capital Lease Obligation
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Traded in Other Exchanges
N/A
Address
Barbara Strozzilaan 382, Amsterdam, NLD, 1083 HN
Website
http://www.gemalto.com
Gemalto NV is a Netherlands-based provider of digital security software applications, secure personal devices, and managed services. Gemalto's solutions are based on two core technologies--authentication and protection--and offer mobile identity, online banking, data encryption, transport ticketing, e-Government, vehicle telematics, and software licensing capabilities. Its products are used in banking and payments, government, mobile, transport, enterprise security, Internet of Things, and software monetization applications.