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Myomo's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.12 Mil.
Myomo's quarterly Long-Term Capital Lease Obligation increased from Jun. 2023 ($0.14 Mil) to Sep. 2023 ($0.25 Mil) but then declined from Sep. 2023 ($0.25 Mil) to Dec. 2023 ($0.12 Mil).
Myomo's annual Long-Term Capital Lease Obligation declined from Dec. 2021 ($0.40 Mil) to Dec. 2022 ($0.20 Mil) and declined from Dec. 2022 ($0.20 Mil) to Dec. 2023 ($0.12 Mil).
The historical data trend for Myomo'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.
Myomo Annual Data | |||||||||||||||||
Trend | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||
Long-Term Capital Lease Obligation | Get a 7-Day Free Trial | - | 0.16 | 0.40 | 0.20 | 0.12 |
Myomo Quarterly Data | ||||||||||||||||||||
Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | |
Long-Term Capital Lease Obligation | Get a 7-Day Free Trial | 0.20 | 0.17 | 0.14 | 0.25 | 0.12 |
Myomo (AMEX:MYO) 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;Thank you for viewing the detailed overview of Myomo's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.
Thomas F Kirk | director | |
Milton Mayo Morris | director | 2121 ALLEN PARKWAY, APT 4075, HOUSTON TX 77019 |
Paul R Gudonis | director, officer: Chief Executive Officer | 9 HICKORY ROAD, MANCHESTER MA 01944 |
David A Henry | officer: Chief Financial Officer | |
Harry Kovelman | officer: Chief Medical Officer | C/O MYOMO, INC., 137 PORTLAND ST., 4TH FLOOR, BOSTON MA 02114 |
Yitzchak Jacobovitz | director | MYOMO, INC., 137 PORTLAND ST., 4TH FLOOR, BOSTON MA 02114 |
Micah Mitchell | officer: Chief Commercial Officer | C/O MYOMO, INC., ONE BROADWAY 14TH FLOOR, CAMBRIDGE MA 02139 |
Crowley Thomas Aloysius Jr. | director | 19 ST CLAIR AV, SPRING LAKE NJ 07762 |
Cliff Conneighton | officer: Chief Marketing Officer | 53 DEPOT ROAD, HOLLS NH 03049 |
Jonathan Naft | officer: VP, General Manager | C/O MYOMO, INC., ONE BROADWAY, 14TH FLOOR, CAMBRIDGE MA 02142 |
Brandon M Green | officer: Chief Medical Officer | C/O MYOMO, INC., ONE BROADWAY, 14TH FLOOR, CAMBRIDGE MA 02142 |
Ralph A Goldwasser | officer: Chief Financial Officer | BNN CORP, 150 CAMBRIDGEPARK DRIVE, CAMBRIDGE MA 02140 |
Davie Mendelsohn | officer: VP, Sales | C/O MYOMO, INC., ONE BROADWAY, 14TH FLOOR, CAMBRIDGE MA 02142 |
Steve Sanghi | director | 2355 W CHANDLER BLVD, CHANDLER AZ 85224-6199 |
Amy K. Knapp | director | 75 N. MOUNTAIN AVE, MONTCLAIR NJ 07042 |
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