Invacare (Invacare) Long-Term Capital Lease Obligation : $65.76 Mil (As of Mar. 2023)

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What is Invacare Long-Term Capital Lease Obligation?

Invacare's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2023 was $65.76 Mil.

Invacare's quarterly Long-Term Capital Lease Obligation increased from Sep. 2022 ($64.38 Mil) to Dec. 2022 ($65.25 Mil) and increased from Dec. 2022 ($65.25 Mil) to Mar. 2023 ($65.76 Mil).

Invacare's annual Long-Term Capital Lease Obligation increased from Dec. 2020 ($71.83 Mil) to Dec. 2021 ($71.97 Mil) but then declined from Dec. 2021 ($71.97 Mil) to Dec. 2022 ($65.25 Mil).

Invacare Long-Term Capital Lease Obligation Historical Data

The historical data trend for Invacare'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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Invacare Long-Term Capital Lease Obligation Chart

Invacare Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Long-Term Capital Lease Obligation

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27.80

38.54

71.83

71.97

65.25

Invacare Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															70.45	67.77	64.38	65.25	65.76

Invacare (GREY:IVCRB) 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.

Invacare Long-Term Capital Lease Obligation Related Terms

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Invacare (Invacare) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Invacare Corp (GREY:IVCRB) » Definitions » Long-Term Capital Lease Obligation

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Address

One Invacare Way, Elyria, OH, USA, 44035-4190

Website

https://www.invacare.com

Invacare Corp makes and distributes medical equipment used in non-acute care settings. Its products are primarily sold to home medical equipment providers, residential living operators, distributors, and government health services. The firm sells products in three categories: mobility and seating, lifestyle, and respiratory therapy. Its mobility and seating products include power wheelchairs, custom manual wheelchairs, and positioning cushions. Its lifestyle products include manual wheelchairs, crutches, walkers, and homecare beds. Its respiratory products include stationary and portable oxygen concentrators and non-delivery oxygen technology. Invacare receives the largest proportion of revenue from sales in Europe.