Scandinavian Medical Solutions AS (OCSE:SMSMED) Long-Term Capital Lease Obligation : kr15.9 Mil (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Scandinavian Medical Solutions AS Long-Term Capital Lease Obligation?

Scandinavian Medical Solutions AS's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr15.9 Mil.

Scandinavian Medical Solutions AS's quarterly Long-Term Capital Lease Obligation increased from Mar. 2023 (kr8.3 Mil) to Sep. 2023 (kr17.7 Mil) but then declined from Sep. 2023 (kr17.7 Mil) to Mar. 2024 (kr15.9 Mil).

Scandinavian Medical Solutions AS's annual Long-Term Capital Lease Obligation stayed the same from Sep. 2021 (kr0.0 Mil) to Sep. 2022 (kr0.0 Mil) but then increased from Sep. 2022 (kr0.0 Mil) to Sep. 2023 (kr17.7 Mil).

Scandinavian Medical Solutions AS Long-Term Capital Lease Obligation Historical Data

The historical data trend for Scandinavian Medical Solutions AS'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.

Scandinavian Medical Solutions AS Long-Term Capital Lease Obligation Chart

Scandinavian Medical Solutions AS Annual Data

Trend

Sep19

Sep20

Sep21

Sep22

Sep23

Long-Term Capital Lease Obligation

17.69

Scandinavian Medical Solutions AS Semi-Annual Data
	Sep19	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial				-	-	8.27	17.69	15.88

Scandinavian Medical Solutions AS (OCSE:SMSMED) 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.

Scandinavian Medical Solutions AS Long-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of Scandinavian Medical Solutions AS's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.

Scandinavian Medical Solutions AS (OCSE:SMSMED) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Scandinavian Medical Solutions AS (OCSE:SMSMED) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

K41:Germany

Address

Gasvaerksvej 46. 1.Sal, Aalborg, DNK, DK-9000

Website

https://www.scandinavian-medical.com

Scandinavian Medical Solutions AS is engaged in offering pre-owned medical imaging equipment and innovative healthcare solutions. The product portfolio of Cath Lab, X-Ray, MRI, Mammography, Ultrasound, and Mobile X-Ray among others.

Scandinavian Medical Solutions AS (OCSE:SMSMED) Headlines

No Headlines