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Surgery Partners (FRA:1SP) Long-Term Capital Lease Obligation : €230 Mil (As of Mar. 2024)


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What is Surgery Partners Long-Term Capital Lease Obligation?

Surgery Partners's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was €230 Mil.

Surgery Partners's quarterly Long-Term Capital Lease Obligation increased from Sep. 2023 (€226 Mil) to Dec. 2023 (€228 Mil) and increased from Dec. 2023 (€228 Mil) to Mar. 2024 (€230 Mil).

Surgery Partners's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (€279 Mil) to Dec. 2022 (€256 Mil) and declined from Dec. 2022 (€256 Mil) to Dec. 2023 (€228 Mil).


Surgery Partners Long-Term Capital Lease Obligation Historical Data

The historical data trend for Surgery Partners'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.

Surgery Partners Long-Term Capital Lease Obligation Chart

Surgery Partners Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 254.79 247.34 279.31 256.20 228.24

Surgery Partners Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 251.06 243.76 225.72 228.24 230.46

Surgery Partners  (FRA:1SP) 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.

Surgery Partners Long-Term Capital Lease Obligation Related Terms

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Surgery Partners (FRA:1SP) Business Description

Traded in Other Exchanges
Address
340 Seven Springs Way, Suite 600, Brentwood, TN, USA, 37027
Surgery Partners Inc is one of the few remaining independent ambulatory surgery center operators in the U.S. with national scale. The firm operates surgical facilities in approximately 30 states in partnership with physician groups and larger local healthcare systems. While surgical procedures drive a majority of the firm's revenue, the company also operates a clinical lab, urgent care facilities, and a handful of physician practices to provide additional healthcare services within the communities it serves. It operates in two segments: Surgical Facility Services and Ancillary Services out of which the Surgical Facility Services segment accounts for the majority of revenue.

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