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KLA (KLAC) Long-Term Capital Lease Obligation : $156 Mil (As of Dec. 2023)


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What is KLA Long-Term Capital Lease Obligation?

KLA's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $156 Mil.

KLA's quarterly Long-Term Capital Lease Obligation increased from Jun. 2023 ($138 Mil) to Sep. 2023 ($139 Mil) and increased from Sep. 2023 ($139 Mil) to Dec. 2023 ($156 Mil).

KLA's annual Long-Term Capital Lease Obligation increased from Jun. 2021 ($71 Mil) to Jun. 2022 ($81 Mil) and increased from Jun. 2022 ($81 Mil) to Jun. 2023 ($138 Mil).


KLA Long-Term Capital Lease Obligation Historical Data

The historical data trend for KLA'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.

KLA Long-Term Capital Lease Obligation Chart

KLA Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 70.89 70.74 81.37 138.35

KLA Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 81.02 137.81 138.35 138.68 156.04

KLA  (NAS:KLAC) 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.

KLA Long-Term Capital Lease Obligation Related Terms

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KLA (KLAC) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » KLA Corp (NAS:KLAC) » Definitions » Long-Term Capital Lease Obligation
Address
One Technology Drive, Milpitas, CA, USA, 95035
KLA is one of the largest semiconductor wafer fabrication equipment, or WFE, manufacturers in the world. It specializes in the market segment of semiconductor process control, wherein machines inspect semiconductor wafers during research and development and manufacturing for defects and verify precise measurements. In this section of the market, KLA holds a majority share. It also has a small exposure to the etch and deposition segments of the WFE market. It counts as top customers the largest chipmakers in the world, including TSMC and Samsung.
Executives
Bren D. Higgins officer: EVP & Chief Financial Officer ONE TECHNOLOGY DRIVE, MILPITAS CA 95035
Mary Beth Wilkinson officer: EVP, CLO and Secretary 2350 GREEN ROAD, SUITE 100, ANN ARBOR MI 48105
Victor Peng director MIPS TECHNOLOGIES INC, 1225 CHARLESTON ROAD, MOUNTAIN VIEW CA 94043
Kevin Kennedy director
Marie Myers director 3000 HANOVER STREET, PALO ALTO CA 94304
Gary B Moore director 170 WEST TASMAN DRIVE, SAN JOSE CA 95134
Emiko Higashi director C/O GILO VENTURES, 175 ALMENDRAL AVENUE, ATHERTON CA 94027
Michael R. Mcmullen director 5301 STEVENS CREEK BLVD., MS 1A-LC, SANTA CLARA CA 95051
Robert A. Rango director 5300 CALIFORNIA AVENUE, IRVINE CA 92617
Jeneanne Michelle Hanley director 21557 TELEGRAPH ROAD, SOUTHFIELD MI 48034
Oreste Donzella officer: Executive Vice President ONE TECHNOLOGY DRIVE, MILPITAS CA 95035
Ahmad A. Khan officer: President, Semi Proc. Control ONE TECHNOLOGY DRIVE, MILPITAS CA 95035
Virendra A Kirloskar officer: SVP & Chief Accounting Officer 160 RIO ROBLES, SAN JOSE CA 95134
Richard P Wallace officer: Executive Vice President KLA TENCOR, 160 RIO ROBLES, SAN JOSE CA 95134
Brian Lorig officer: Executive Vice President ONE TECHNOLOGY DRIVE, MILPITAS X1 95035

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