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Pharming Group (CHIX:PHARMA) Long-Term Capital Lease Obligation : €24.5 Mil (As of Mar. 2025)


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What is Pharming Group Long-Term Capital Lease Obligation?

Pharming Group's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was €24.5 Mil.

Pharming Group's quarterly Long-Term Capital Lease Obligation increased from Sep. 2024 (€25.0 Mil) to Dec. 2024 (€25.8 Mil) but then declined from Dec. 2024 (€25.8 Mil) to Mar. 2025 (€24.5 Mil).

Pharming Group's annual Long-Term Capital Lease Obligation declined from Dec. 2022 (€28.2 Mil) to Dec. 2023 (€27.1 Mil) and declined from Dec. 2023 (€27.1 Mil) to Dec. 2024 (€25.8 Mil).


Pharming Group Long-Term Capital Lease Obligation Historical Data

The historical data trend for Pharming 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.

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Pharming Group Long-Term Capital Lease Obligation Chart

Pharming Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.77 16.33 28.17 27.06 25.75

Pharming Group Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 26.16 25.76 25.03 25.75 24.52

Pharming Group  (CHIX:PHARMa) 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.

Pharming Group Long-Term Capital Lease Obligation Related Terms

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Pharming Group Business Description

Industry
Address
Darwinweg 24, Leiden, ZH, NLD, 2333 CR
Pharming Group is a biopharmaceutical company focused in transforming the lives of patients with rare, debilitating, and life-threatening diseases. The company is actively developing and commercializing a diverse portfolio of innovative treatments, including both biologics and small molecule therapies. Its commercial products are RUCONEST, approved for the treatment of acute attacks in adult and adolescent patients with hereditary angioedema, or HAE; and Joenja (leniolisib), a small-molecule kinase inhibitor, developed for the treatment of activated phosphoinositide 3-kinase delta syndrome.

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