Aquarius Surgical Technologies (Aquarius Surgical Technologies) Long-Term Capital Lease Obligation : $0.05 Mil (As of Dec. 2023)

View and export this data going back to 2017. Start your Free Trial

What is Aquarius Surgical Technologies Long-Term Capital Lease Obligation?

Aquarius Surgical Technologies's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.05 Mil.

Aquarius Surgical Technologies's quarterly Long-Term Capital Lease Obligation declined from Jun. 2023 ($0.06 Mil) to Sep. 2023 ($0.05 Mil) and declined from Sep. 2023 ($0.05 Mil) to Dec. 2023 ($0.05 Mil).

Aquarius Surgical Technologies's annual Long-Term Capital Lease Obligation stayed the same from Mar. 2021 ($0.00 Mil) to Mar. 2022 ($0.00 Mil) but then increased from Mar. 2022 ($0.00 Mil) to Mar. 2023 ($0.06 Mil).

Aquarius Surgical Technologies Long-Term Capital Lease Obligation Historical Data

The historical data trend for Aquarius Surgical Technologies'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.

Aquarius Surgical Technologies Long-Term Capital Lease Obligation Chart

Aquarius Surgical Technologies Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

0.06

Aquarius Surgical Technologies Quarterly Data
	Mar19	Jun19	Sep19	Dec19	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															-	0.06	0.06	0.05	0.05

Aquarius Surgical Technologies (OTCPK:AQQRF) 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.

Aquarius Surgical Technologies Long-Term Capital Lease Obligation Related Terms

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

Aquarius Surgical Technologies (Aquarius Surgical Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Aquarius Surgical Technologies Inc (OTCPK:AQQRF) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

ASTI:Canada

Address

89 Scollard Street, Toronto, ON, CAN, M5R 1G4

Website

https://aquariussurgical.com

Aquarius Surgical Technologies Inc is engaged in the development, sale, distribution, marketing, and exploitation of laser-driven technologies for use in surgical environments, principally in the field of urology. The company derives revenue from the sale of medical devices and fiber-optic delivery devices. Geographically, it has a presence in Canada, the United States, and the Dominican Republic.