LHC Group (LHC Group) Long-Term Capital Lease Obligation : $75 Mil (As of Dec. 2022)

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What is LHC Group Long-Term Capital Lease Obligation?

LHC Group's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2022 was $75 Mil.

LHC Group's quarterly Long-Term Capital Lease Obligation declined from Jun. 2022 ($76 Mil) to Sep. 2022 ($75 Mil) and declined from Sep. 2022 ($75 Mil) to Dec. 2022 ($75 Mil).

LHC Group's annual Long-Term Capital Lease Obligation increased from Dec. 2020 ($70 Mil) to Dec. 2021 ($79 Mil) but then declined from Dec. 2021 ($79 Mil) to Dec. 2022 ($75 Mil).

LHC Group Long-Term Capital Lease Obligation Historical Data

The historical data trend for LHC Group'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.

LHC Group Long-Term Capital Lease Obligation Chart

LHC Group Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Long-Term Capital Lease Obligation

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69.56

70.28

78.69

74.52

LHC Group Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															78.69	77.29	75.97	74.99	74.52

LHC Group (NAS:LHCG) 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.

LHC Group Long-Term Capital Lease Obligation Related Terms

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LHC Group (LHC Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » LHC Group Inc (NAS:LHCG) » Definitions » Long-Term Capital Lease Obligation

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Traded in Other Exchanges

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Address

901 Hugh Wallis Road South, Lafayette, LA, USA, 70508

Website

https://www.lhcgroup.com

LHC Group Inc provides post-acute health care services to patients through its home nursing agencies, community-based services agencies, hospice agencies, and long-term acute care hospitals. The company's home health service locations offer a wide range of services, including skilled nursing, medically-oriented social services and physical, occupational, and speech therapy. Its hospices provide end-of-life care to patients with terminal illnesses through interdisciplinary teams of physicians, nurses, home health aides, counselors, and volunteers. Its other service segments are Home and community based, Facility-based, Hospice and Healthcare Innovations. The company derives most of its revenues from the Home health services.

Executives

Nicholas Iii Gachassin	officer: EVP, General Counsel	901 HUGH WALLIS ROAD SOUTH, LAFAYETTE LA 70508
Dale Mackel	other: CFO	901 HUGH WALLIS ROAD S, LAFAYETTE LA 70508-2511
Reed W Earl Iii	director	9510 OMSBY SLATION ROAD, STE 300, LOIISVILLE KY 40223
Kimberly S Seymour	other: SVP, Chief Accounting Officer	901 HUGH WALLIS ROAD S, LAFAYETTE LA 70508
Tricia Nguyen	other: EVP, Chief Medical Officer	1801 KIRA COURT, ARLINGTON TX 76006
Mcquiddy Collin	other: SVP, Chief Accounting Officer	901 HUGH WALLIS ROAD S, LAFAYETTE LA 70508
Donald Dwayne Stelly	officer: Senior Vice President	420 WEST PINHOOK ROAD, SUITE A, LAFAYETTE LA 70503
John L Indest	director, officer: COO of Home, Senior V.P.	420 WEST PINHOOK ROAD, SUITE A, LAFAYETTE LA 70503
Ronald T Nixon	director	1375 ENCLAVE PKWY, HOUSTON TX 77077
Keith G Myers	director, 10 percent owner, officer: CEO and President	901 HUGH WALLIS RD S, LAFAYETTE LA 70508
Joshua L. Proffitt	officer: Executive Vice President	901 HUGH WALLIS ROAD SOUTH, LAFAYETTE LA 70508
Teri G. Fontenot	director	18933 EAST PINNACLE CIRCLE, BATON ROUGE LA 70634
Tyree G Wilburn	director
Jeff Reibel	officer: See Remarks	9510 ORMSBY STATION ROAD, SUITE 300, LOUISVILLE KY 40223
Bruce D Greenstein	officer: Chief Innovation Officer	901 HUGH WALLIS ROAD SOUTH, LAFAYETTE LA 70508