Vision Marine Technologies (Vision Marine Technologies) Short-Term Capital Lease Obligation : $0.53 Mil (As of Feb. 2024)

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What is Vision Marine Technologies Short-Term Capital Lease Obligation?

Vision Marine Technologies's Short-Term Capital Lease Obligation for the quarter that ended in Feb. 2024 was $0.53 Mil.

Vision Marine Technologies's quarterly Short-Term Capital Lease Obligation increased from Aug. 2023 ($0.48 Mil) to Nov. 2023 ($0.50 Mil) and increased from Nov. 2023 ($0.50 Mil) to Feb. 2024 ($0.53 Mil).

Vision Marine Technologies's annual Short-Term Capital Lease Obligation declined from Aug. 2021 ($0.45 Mil) to Aug. 2022 ($0.43 Mil) but then increased from Aug. 2022 ($0.43 Mil) to Aug. 2023 ($0.48 Mil).

Vision Marine Technologies Short-Term Capital Lease Obligation Historical Data

The historical data trend for Vision Marine Technologies's Short-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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Vision Marine Technologies Short-Term Capital Lease Obligation Chart

Vision Marine Technologies Annual Data

Trend

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Short-Term Capital Lease Obligation

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0.09

0.45

0.43

0.48

Vision Marine Technologies Quarterly Data
	Aug18	Feb19	Aug19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Short-Term Capital Lease Obligation	Get a 7-Day Free Trial															0.43	0.50	0.48	0.50	0.53

Vision Marine Technologies Short-Term Capital Lease Obligation Explanation

Short-Term Capital Lease Obligation represents the total amount of Long-Term Capital Lease Obligation that must be paid within the next accounting period. Capital lease obligations are contractual obligations that arise from obtaining the use of property or equipment via a capital lease contract.

Vision Marine Technologies Short-Term Capital Lease Obligation Related Terms

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Vision Marine Technologies (Vision Marine Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Vision Marine Technologies Inc (NAS:VMAR) » Definitions » Short-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

730 Boulevard du Cure-Boivin, Boisbriand, Montreal, QC, CAN, J7G 2A7

Website

https://www.visionmarinetechnologies.com

Vision Marine Technologies Inc is in the business of designing and manufacturing electric outboard powertrain systems, power boats, and related technology and the renting of electric boats. The different models of the powerboats and electric boats manufactured by the company includes, Bruce 22, Fantail 217, Volt 180 and others. The company operates in two reportable business segments; Sale of electric boats and Rental of electric boats. The majority of the revenue for the company is generated from its Rental of electric boats segment. Geographically, the company generates revenue from its business in Canada, USA and other countries. A substantial portion of the overall revenue is generated from its business in USA.