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LIFD (LFTD Partners) Long-Term Capital Lease Obligation : $0.88 Mil (As of Mar. 2025)


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What is LFTD Partners Long-Term Capital Lease Obligation?

LFTD Partners's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was $0.88 Mil.

LFTD Partners's quarterly Long-Term Capital Lease Obligation declined from Sep. 2024 ($1.00 Mil) to Dec. 2024 ($0.94 Mil) and declined from Dec. 2024 ($0.94 Mil) to Mar. 2025 ($0.88 Mil).

LFTD Partners's annual Long-Term Capital Lease Obligation increased from Dec. 2022 ($0.38 Mil) to Dec. 2023 ($0.46 Mil) and increased from Dec. 2023 ($0.46 Mil) to Dec. 2024 ($0.94 Mil).


LFTD Partners Long-Term Capital Lease Obligation Historical Data

The historical data trend for LFTD 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.

LFTD Partners Long-Term Capital Lease Obligation Chart

LFTD Partners Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.05 0.38 0.46 0.94

LFTD Partners Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.43 1.05 1.00 0.94 0.88

LFTD Partners  (OTCPK:LIFD) 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.

LFTD Partners Long-Term Capital Lease Obligation Related Terms

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LFTD Partners Business Description

Industry
Traded in Other Exchanges
N/A
Address
14155 Pine Island Drive, Jacksonville, FL, USA, 32224
LFTD Partners Inc along with its subsidiaries manufactures and sales a variety of branded, hemp-derived, psychoactive and alternative lifestyle products, and of products involving nicotine, tobacco and marijuana. Its subsidiary is Lifted Made (Lifted), which manufactures and sells hemp-derived cannabinoids, psychoactive substances and other alternative lifestyle products, including nicotine products under its Urb Finest Flowers (Urb) brand. Products sold by Lifted include disposable vapes and cartridges, gummies, joints, blunts, and products containing ingredients, such as kanna, muscimol, ashwagandha and kava.
Executives
Gerard M. Jacobs director, 10 percent owner, officer: CEO 31 N. SUFFOLK LANE, LAKE FOREST IL 60045
Joshua A Bloom director 31 N. SUFFOLK LANE, LAKE FOREST IL 60045
Richard Emmet Morrissy director 31 N. SUFFOLK LANE, LAKE FOREST IL 60045
Warrender Robert Thomas Ii director PO BOX 4233, ANTIOCH IL 600002
Kevin J. Rocio director 31 N SUFFOLK LANE, LAKE FOREST IL 60045
Nicholas S. Warrender director 31 N SUFFOLK LANE, LAKE FOREST IL 60045
William C. Jacobs officer: CFO 301 MISSION DRIVE #383, NEW SMYRNA BEACH FL 32168
Thomas W. Hines director 748 FLINT TRAIL, CRYSTAL LAKE IL 60012
James Stephen Jacobs director 31 N. SUFFOLK LANE, LAKE FOREST IL 60045
Roger S Greene director 3330 CAMINITO DANIELLA, DEL MAR CA 92014
Michael D Mccaffrey director 31 N. SUFFOLK LANE, LAKE FOREST IL 60045
Vincent J Mesolella director 300 N MANNHEIM ROAD, HILLSIDE IL 60162