Mobile-health Network Solutions (Mobile-health Network Solutions) Long-Term Capital Lease Obligation : $0.24 Mil (As of Dec. 2023)

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What is Mobile-health Network Solutions Long-Term Capital Lease Obligation?

Mobile-health Network Solutions's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.24 Mil.

Mobile-health Network Solutions's quarterly Long-Term Capital Lease Obligation increased from Dec. 2022 ($0.10 Mil) to Jun. 2023 ($0.24 Mil) but then declined from Jun. 2023 ($0.24 Mil) to Dec. 2023 ($0.24 Mil).

Mobile-health Network Solutions's annual Long-Term Capital Lease Obligation declined from Jun. 2021 ($0.05 Mil) to Jun. 2022 ($0.02 Mil) but then increased from Jun. 2022 ($0.02 Mil) to Jun. 2023 ($0.24 Mil).

Mobile-health Network Solutions Long-Term Capital Lease Obligation Historical Data

The historical data trend for Mobile-health Network Solutions'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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Mobile-health Network Solutions Long-Term Capital Lease Obligation Chart

Mobile-health Network Solutions Annual Data

Trend

Jun21

Jun22

Jun23

Long-Term Capital Lease Obligation

0.05

0.02

0.24

Mobile-health Network Solutions Quarterly Data
	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial			-	0.02	0.10	0.24	0.24

Mobile-health Network Solutions (NAS:MNDR) 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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Mobile-health Network Solutions (Mobile-health Network Solutions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Mobile-health Network Solutions (NAS:MNDR) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Venture Drive, No.07-06/07, Vision Exchange, Singapore, SGP, 608526

Website

Mobile-health Network Solutions is a company engaged in providing telehealth solutions in terms of various matrices, such as the number of patient consultations per day and the ranking of its mobile application. They provide their services on its MaNaDr platform, which is accessible via their mobile application and website. The MaNaDr platform is a platform designed and created by doctors, for doctors and users. The company's revenues are derived mainly from the provision of telemedicine and other services, sale of medicine and medical devices.

Mobile-health Network Solutions (Mobile-health Network Solutions) Headlines

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