PAVMW (PAVmed) Long-Term Capital Lease Obligation : $4.67 Mil (As of Jun. 2024)

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What is PAVmed Long-Term Capital Lease Obligation?

PAVmed's Long-Term Capital Lease Obligation for the quarter that ended in Jun. 2024 was $4.67 Mil.

PAVmed's quarterly Long-Term Capital Lease Obligation declined from Dec. 2023 ($2.96 Mil) to Mar. 2024 ($2.81 Mil) but then increased from Mar. 2024 ($2.81 Mil) to Jun. 2024 ($4.67 Mil).

PAVmed's annual Long-Term Capital Lease Obligation increased from Dec. 2021 ($0.00 Mil) to Dec. 2022 ($1.85 Mil) and increased from Dec. 2022 ($1.85 Mil) to Dec. 2023 ($2.96 Mil).

PAVmed Long-Term Capital Lease Obligation Historical Data

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

PAVmed Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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1.85

2.96

PAVmed Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															3.73	3.34	2.96	2.81	4.67

PAVmed (NAS:PAVMW) 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.

PAVmed Long-Term Capital Lease Obligation Related Terms

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PAVmed Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » PAVmed Inc (NAS:PAVMW) » Definitions » Long-Term Capital Lease Obligation

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PAVM:USA

Address

360 Madison Avenue, 25th Floor, New York, NY, USA, 10017

Website

https://www.pavmed.com

PAVmed Inc is a multi-product, commercial-stage medical technology company organized to advance a broad pipeline of medical technologies from concept to commercialization. The Company operates in a single segment as a medical technology company, with the following lines of business: Diagnostics, Medical Devices, and Digital Health. Its products are EsoGuard, esocheck, and the Veris Cancer Care Platform.