>
Switch to:

Icon Long-Term Capital Lease Obligation

: $191 Mil (As of Sep. 2021)
View and export this data going back to 1998. Start your Free Trial

Icon's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2021 was $191 Mil.

Icon's quarterly Long-Term Capital Lease Obligation declined from Mar. 2021 ($52 Mil) to Jun. 2021 ($47 Mil) but then increased from Jun. 2021 ($47 Mil) to Sep. 2021 ($191 Mil).

Icon's annual Long-Term Capital Lease Obligation increased from Dec. 2018 ($0 Mil) to Dec. 2019 ($77 Mil) but then declined from Dec. 2019 ($77 Mil) to Dec. 2020 ($61 Mil).


Icon Long-Term Capital Lease Obligation Historical Data

The historical data trend for Icon'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.

Icon Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Long-Term Capital Lease Obligation
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - 76.59 60.80

Icon Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
Long-Term Capital Lease Obligation 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 Premium Member Only Premium Member Only Premium Member Only 62.49 60.80 52.18 47.33 190.91

Icon  (NAS:ICLR) 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.

Icon Long-Term Capital Lease Obligation Related Terms

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


Icon Business Description

Icon logo
Industry
Traded in Other Exchanges
Address
South County Business Park, Leopardstown, Dublin, IRL, 18
Icon is a global late-stage contract research organization that provides drug development and clinical trial services to pharmaceutical, biotechnology, and medical device firms. While the vast majority of its revenue comes from clinical research, Icon also offers ancillary services such as laboratory and imaging capabilities. The company is headquartered in Ireland.

Icon Headlines

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)