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PishPosh (PishPosh) Long-Term Capital Lease Obligation

: $0.07 Mil (As of Sep. 2022)
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PishPosh's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2022 was $0.07 Mil.

PishPosh's quarterly Long-Term Capital Lease Obligation increased from Dec. 2021 ($0.00 Mil) to Jun. 2022 ($0.09 Mil) but then declined from Jun. 2022 ($0.09 Mil) to Sep. 2022 ($0.07 Mil).


PishPosh Long-Term Capital Lease Obligation Historical Data

The historical data trend for PishPosh'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.

PishPosh Annual Data
Trend Dec20 Dec21
Long-Term Capital Lease Obligation
- -

PishPosh Quarterly Data
Dec20 Jun21 Sep21 Dec21 Jun22 Sep22
Long-Term Capital Lease Obligation Premium Member Only - - - 0.09 0.07

PishPosh  (NAS:BABY) 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.

PishPosh Long-Term Capital Lease Obligation Related Terms

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PishPosh (PishPosh) Business Description

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PishPosh Inc is an online retailer of premium baby products. The company has a wide array of baby products, including brand-name strollers, car seats and other baby gear & accessories.

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