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SBC (SBC Medical Group Holdings) Long-Term Capital Lease Obligation : $1.5 Mil (As of Mar. 2025)


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What is SBC Medical Group Holdings Long-Term Capital Lease Obligation?

SBC Medical Group Holdings's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was $1.5 Mil.

SBC Medical Group Holdings's quarterly Long-Term Capital Lease Obligation declined from Sep. 2024 ($1.5 Mil) to Dec. 2024 ($1.2 Mil) but then increased from Dec. 2024 ($1.2 Mil) to Mar. 2025 ($1.5 Mil).

SBC Medical Group Holdings's annual Long-Term Capital Lease Obligation increased from Dec. 2022 ($2.4 Mil) to Dec. 2023 ($2.4 Mil) but then declined from Dec. 2023 ($2.4 Mil) to Dec. 2024 ($1.2 Mil).


SBC Medical Group Holdings Long-Term Capital Lease Obligation Historical Data

The historical data trend for SBC Medical Group Holdings'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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SBC Medical Group Holdings Long-Term Capital Lease Obligation Chart

SBC Medical Group Holdings Annual Data
Trend Dec22 Dec23 Dec24
Long-Term Capital Lease Obligation
2.36 2.44 1.24

SBC Medical Group Holdings Quarterly Data
Dec22 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Long-Term Capital Lease Obligation Get a 7-Day Free Trial - 1.46 1.53 1.24 1.51

SBC Medical Group Holdings  (NAS:SBC) 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.

SBC Medical Group Holdings Long-Term Capital Lease Obligation Related Terms

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SBC Medical Group Holdings Business Description

Traded in Other Exchanges
N/A
Address
200 Spectrum Center Drive, Suite 300, Irvine, CA, USA, 163-1303
SBC Medical Group Holdings Inc is a management company that provides management services to cosmetic treatment centers mainly in Japan. It is focused on providing comprehensive management services to franchisee clinics, including but not limited to advertising and marketing needs across various platforms (such as social media networks), staff management (such as recruitment and training), booking reservations for franchisee clinic customers, assistance with franchisee employee housing rentals and facility rentals, construction and design of franchisee clinics, medical equipment and medical consumables procurement (resale). Company provide management services to a total of One hundred fifty eight franchisee treatment centers under the brand name Shonan Beauty Clinic located in Japan.