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Conduit Pharmaceuticals (FRA:ZK7) Long-Term Capital Lease Obligation : €0.07 Mil (As of Mar. 2025)


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What is Conduit Pharmaceuticals Long-Term Capital Lease Obligation?

Conduit Pharmaceuticals's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was €0.07 Mil.

Conduit Pharmaceuticals's quarterly Long-Term Capital Lease Obligation increased from Sep. 2024 (€0.10 Mil) to Dec. 2024 (€0.10 Mil) but then declined from Dec. 2024 (€0.10 Mil) to Mar. 2025 (€0.07 Mil).

Conduit Pharmaceuticals's annual Long-Term Capital Lease Obligation stayed the same from Dec. 2022 (€0.00 Mil) to Dec. 2023 (€0.00 Mil) but then increased from Dec. 2023 (€0.00 Mil) to Dec. 2024 (€0.10 Mil).


Conduit Pharmaceuticals Long-Term Capital Lease Obligation Historical Data

The historical data trend for Conduit Pharmaceuticals'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.

Conduit Pharmaceuticals Long-Term Capital Lease Obligation Chart

Conduit Pharmaceuticals Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Long-Term Capital Lease Obligation
- - - 0.10

Conduit Pharmaceuticals Quarterly Data
Dec21 Mar22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.16 0.13 0.10 0.10 0.07

Conduit Pharmaceuticals  (FRA:ZK7) 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.

Conduit Pharmaceuticals Long-Term Capital Lease Obligation Related Terms

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Conduit Pharmaceuticals Business Description

Traded in Other Exchanges
Address
4581 Tamiami Trail North, Suite 200, Naples, FL, USA, 34103
Conduit Pharmaceuticals Inc is a clinical-stage specialty biopharmaceutical company that was formed to facilitate the development and commercialization of clinical assets that have not been or are not being prioritized by biopharmaceutical companies to develop pharmaceutical products that meet the unmet medical needs of patients. The Company's current development pipeline includes a glucokinase activator, which is Phase II ready for autoimmune diseases including uveitis, Hashimoto's Thyroiditis, preterm labor, and renal transplant rejection. The Company's development pipeline also includes a potent, irreversible inhibitor of human Myeloperoxidase (MPO) that has the potential to treat idiopathic male infertility.

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