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Lumos Diagnostics Holdings (ASX:LDX) Long-Term Capital Lease Obligation : A$0.00 Mil (As of Dec. 2023)


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What is Lumos Diagnostics Holdings Long-Term Capital Lease Obligation?

Lumos Diagnostics Holdings's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.00 Mil.

Lumos Diagnostics Holdings's quarterly Long-Term Capital Lease Obligation increased from Dec. 2022 (A$0.00 Mil) to Jun. 2023 (A$11.54 Mil) but then declined from Jun. 2023 (A$11.54 Mil) to Dec. 2023 (A$0.00 Mil).

Lumos Diagnostics Holdings's annual Long-Term Capital Lease Obligation increased from . 20 (A$0.00 Mil) to Jun. 2022 (A$8.86 Mil) and increased from Jun. 2022 (A$8.86 Mil) to Jun. 2023 (A$11.54 Mil).


Lumos Diagnostics Holdings Long-Term Capital Lease Obligation Historical Data

The historical data trend for Lumos Diagnostics Holdings'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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Lumos Diagnostics Holdings Long-Term Capital Lease Obligation Chart

Lumos Diagnostics Holdings Annual Data
Trend Jun22 Jun23
Long-Term Capital Lease Obligation
8.86 11.54

Lumos Diagnostics Holdings Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23
Long-Term Capital Lease Obligation Get a 7-Day Free Trial - 8.86 - 11.54 -

Lumos Diagnostics Holdings  (ASX:LDX) 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.

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Lumos Diagnostics Holdings (ASX:LDX) Business Description

Traded in Other Exchanges
Address
2724 Loker Ave West, Carlsbad, CA, USA, 92010
Lumos Diagnostics Holdings Ltd is engaged in the development, manufacture and distribution of point-of-care diagnostic (POC) tests and associated readers for analysis of POC diagnostic tests. It also directly develops, manufactures and commercializes proprietary, Lumos-branded POC tests that target infectious and inflammatory diseases. It generates maximum revenue from the commercial services and solutions relating to POC diagnostic tests.

Lumos Diagnostics Holdings (ASX:LDX) Headlines

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