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ASEP Medical Holdings (ASEP Medical Holdings) Long-Term Capital Lease Obligation : $0.00 Mil (As of Mar. 2024)


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What is ASEP Medical Holdings Long-Term Capital Lease Obligation?

ASEP Medical Holdings's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil.


ASEP Medical Holdings Long-Term Capital Lease Obligation Historical Data

The historical data trend for ASEP Medical Holdings'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.

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ASEP Medical Holdings Long-Term Capital Lease Obligation Chart

ASEP Medical Holdings Annual Data
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ASEP Medical Holdings Quarterly Data
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ASEP Medical Holdings  (OTCPK:SEPSF) 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.

ASEP Medical Holdings Long-Term Capital Lease Obligation Related Terms

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ASEP Medical Holdings (ASEP Medical Holdings) Business Description

Traded in Other Exchanges
Address
730 View Street, Suite 420, Victoria, BC, CAN, V8W 3Y7
ASEP Medical Holdings Inc is a biotechnology firm pursuing the commercialization of broad-spectrum peptide technology. The Company is dedicated to addressing the global issue of antibiotic failure by developing novel solutions for significant unmet medical needs in human medicine and is engaged in the business of acquiring research and development assets, technology, or businesses in life sciences and medical diagnostics.

ASEP Medical Holdings (ASEP Medical Holdings) Headlines

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