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GigCapital5 (GigCapital5) Long-Term Capital Lease Obligation : $0.00 Mil (As of Sep. 2023)


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What is GigCapital5 Long-Term Capital Lease Obligation?

GigCapital5's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil.


GigCapital5 Long-Term Capital Lease Obligation Historical Data

The historical data trend for GigCapital5'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.

GigCapital5 Long-Term Capital Lease Obligation Chart

GigCapital5 Annual Data
Trend Dec21 Dec22
Long-Term Capital Lease Obligation
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GigCapital5 Quarterly Data
Feb21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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GigCapital5  (NAS:GIA) 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.

GigCapital5 Long-Term Capital Lease Obligation Related Terms

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GigCapital5 (GigCapital5) Business Description

Traded in Other Exchanges
N/A
Address
1731 Embarcadero Road, Suite 200, Palo Alto, CA, USA, 94303
GigCapital5 Inc is a blank check company.
Executives
Polar Asset Management Partners Inc. 10 percent owner 16 YORK STREET SUITE 2900, TORONTO A6 M5J 0E6
Sharmila Makhija director 1731 EMBARCADERO ROAD, SUITE 200, PALO ALTO CA 94303
Dorothy D Hayes director P.O. BOX 7850, ., MOUNTAIN VIEW CA 94039-7850
Neil Miotto director, 10 percent owner 2146 HARKINS AVE, MENLO PARK CA 94025
Avi S Katz director, 10 percent owner, officer: Executive Chairman C/O GIGCAPITAL, INC., 3000 EL CAMINO REAL, BLDG 4, SUITE 232, PALO ALTO CA 94306
Walter Bradford Weightman officer: Treasurer and CFO C/O GIGCAPITAL2, INC., 2479 E. BAYSHORE RD, SUITE 200, PALO ALTO CA 94303
Raluca Dinu director, 10 percent owner, officer: President, CEO and Secretary C/O GIGCAPITAL2, INC., 2479 E. BAYSHORE RD., SUITE 200, PALO ALTO CA 94303
Raanan Horowitz director C/O GIGCAPITAL5, INC., 1731 EMBARCADERO RD., SUITE 200, PALO ALTO CA 94303
Gigacquisitions5, Llc 10 percent owner 1731 EMBARCADERO ROAD SUITE 200, PALO ALTO CA 94303

GigCapital5 (GigCapital5) Headlines

From GuruFocus

Dr. Sharmila Makhija Joins GigCapital5 Board of Directors

By Business Wire Business Wire 01-05-2022