Doximity (Doximity) Long-Term Capital Lease Obligation : $12.9 Mil (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Doximity Long-Term Capital Lease Obligation?

Doximity's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $12.9 Mil.

Doximity's quarterly Long-Term Capital Lease Obligation declined from Jun. 2023 ($13.6 Mil) to Sep. 2023 ($13.1 Mil) and declined from Sep. 2023 ($13.1 Mil) to Dec. 2023 ($12.9 Mil).

Doximity's annual Long-Term Capital Lease Obligation increased from Mar. 2021 ($0.3 Mil) to Mar. 2022 ($0.4 Mil) and increased from Mar. 2022 ($0.4 Mil) to Mar. 2023 ($13.9 Mil).

Doximity Long-Term Capital Lease Obligation Historical Data

The historical data trend for Doximity'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.

Doximity Long-Term Capital Lease Obligation Chart

Doximity Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Long-Term Capital Lease Obligation

0.32

0.28

0.45

13.89

Doximity Quarterly Data
	Mar19	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												14.18	13.89	13.59	13.12	12.95

Doximity (NYSE:DOCS) 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.

Doximity Long-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of Doximity's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.

Doximity (Doximity) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Doximity Inc (NYSE:DOCS) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

500 3rd Street, Suite 510, San Francisco, CA, USA, 94107

Website

https://www.doximity.com

Doximity Inc is a digital platform for U.S. medical professionals. Its cloud-based platform provides members with tools specifically built for medical professionals, enabling them to collaborate with their colleagues, securely coordinate patient care, conduct virtual patient visits, stay up-to-date with the latest medical news and research, and manage their careers.

Executives

Kira Scherer Wampler	director	C/O DOXIMITY, INC., 500 3RD STREET, SUITE 510, SAN FRANCISCO CA 94107
Craig Overpeck	officer: See Remarks	C/O DOXIMITY, INC., 500 THIRD STREET, SUITE 510, SAN FRANCISCO CA 94107
Timothy S Cabral	director	C/O VEEVA SYSTEMS INC., 4280 HACIENDA DRIVE, PLEASANTON CA 94588
Anna Bryson	officer: Chief Financial Officer	C/O DOXIMITY, INC., 500 3RD STREET SUITE 510, SAN FRANCISCO CA 94107
Yang Watkin Phoebe L.	director	C/O DOXIMITY, INC., 500 THIRD STREET, SAN FRANCISCO CA 94107
Jeffrey Tangney	director, 10 percent owner, officer: Chief Executive Officer	C/O DOXIMITY, INC., 500 3RD STREET SUITE 510, SAN FRANCISCO CA 94107
Paul W. Jorgensen	officer: Chief Revenue Officer	500 THIRD STREET, SUITE 510, SAN FRANCISCO CA 94107
Gilbert H Kliman	director, 10 percent owner	C/O INTERWEST PARTNERS, 467 FIRST STREET SUITE 201, LOS ALTOS CA 94022
Emergence Capital Partners Ii Lp	10 percent owner	160 BOVET ROAD, SAN MATEO CA 94402
Emergence Equity Partners Ii, L.p.	10 percent owner	160 BOVET ROAD, SUITE 300, SAN MATEO CA 94402
Emergence Gp Partners, Llc	10 percent owner	PIER 5, THE EMBARCADERO, STE 102, SAN FRANCISCO CA 94111-2094
Kevin Spain	director	C/O EMERGENCE CAPITAL, 160 BOVET ROAD, STE. 300, SAN MATEO CA 94402
Emergence Capital Opportunity I, L.p.	10 percent owner	160 BOVET ROAD, SUITE 300, SAN MATEO CA 94402
Emergence Equity Partners Vi, L.p.	10 percent owner	C/O EMERGENCE CAPITAL PARTNERS, 160 BOVET ROAD, SUITE 300 CA SAN MATEO
Regina M. Benjamin	director	51 SAWYER ROAD, SUITE 200, WALTHAM MA 02453