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Oculis Holding AG (FRA:CR5) Long-Term Capital Lease Obligation : €0.43 Mil (As of Mar. 2024)


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What is Oculis Holding AG Long-Term Capital Lease Obligation?

Oculis Holding AG's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was €0.43 Mil.

Oculis Holding AG's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (€0.53 Mil) to Dec. 2023 (€0.46 Mil) and declined from Dec. 2023 (€0.46 Mil) to Mar. 2024 (€0.43 Mil).

Oculis Holding AG's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (€0.55 Mil) to Dec. 2022 (€0.50 Mil) and declined from Dec. 2022 (€0.50 Mil) to Dec. 2023 (€0.46 Mil).


Oculis Holding AG Long-Term Capital Lease Obligation Historical Data

The historical data trend for Oculis Holding AG'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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Oculis Holding AG Long-Term Capital Lease Obligation Chart

Oculis Holding AG Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
0.60 0.55 0.50 0.46

Oculis Holding AG Quarterly Data
Dec20 Jun21 Sep21 Dec21 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 - 0.55 0.53 0.46 0.43

Oculis Holding AG  (FRA:CR5) 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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Oculis Holding AG (FRA:CR5) Business Description

Industry
Traded in Other Exchanges
Address
Bahnhofstrasse 7, Zug, CHE, 6300
Oculis Holding AG is a global biopharmaceutical company purposefully driven to save sight and improve eye care. It includes OCS-01, a topical retinal candidate for diabetic macular edema (DME); OCS-02, a topical biologic candidate for dry eye disease (DED); and OCS-05, a disease modifying candidate for acute optic neuritis (AON) and other neuro-ophtha disorders such as glaucoma, diabetic retinopathy, geographic atrophy, and neurotrophic keratitis.

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