Sigma Healthcare (Sigma Healthcare) Long-Term Capital Lease Obligation : $84 Mil (As of Jan. 2024)

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What is Sigma Healthcare Long-Term Capital Lease Obligation?

Sigma Healthcare's Long-Term Capital Lease Obligation for the quarter that ended in Jan. 2024 was $84 Mil.

Sigma Healthcare's quarterly Long-Term Capital Lease Obligation declined from Jan. 2023 ($93 Mil) to Jul. 2023 ($0 Mil) but then increased from Jul. 2023 ($0 Mil) to Jan. 2024 ($84 Mil).

Sigma Healthcare's annual Long-Term Capital Lease Obligation declined from Jan. 2022 ($95 Mil) to Jan. 2023 ($93 Mil) and declined from Jan. 2023 ($93 Mil) to Jan. 2024 ($84 Mil).

Sigma Healthcare Long-Term Capital Lease Obligation Historical Data

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

Sigma Healthcare Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Long-Term Capital Lease Obligation

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28.80

108.05

95.29

93.21

84.17

Sigma Healthcare Semi-Annual Data
	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															95.29	-	93.21	-	84.17

Sigma Healthcare (OTCPK:SIGGF) 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.

Sigma Healthcare Long-Term Capital Lease Obligation Related Terms

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Sigma Healthcare (Sigma Healthcare) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » Sigma Healthcare Ltd (OTCPK:SIGGF) » Definitions » Long-Term Capital Lease Obligation

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S5YA:Germany SIG:Australia

Address

2125 Dandenong Road, Level 6, Clayton, Melbourne, VIC, AUS, 3168

Website

https://www.sigmahealthcare.com.au

Sigma Healthcare is an Australian pharmaceutical distributor, wholesaler and pharmacy franchisor. The revenue growth prospects and returns of pharmaceutical distribution are subdued due to ongoing Pharmaceutical Benefits Scheme, or PBS, price reform, and regulated wholesale gross margins being capped at 7% for community pharmacy. As a result, Sigma and its competitors are seeking to expand into unregulated revenue streams. In addition, pharmacy ownership is restricted to pharmacists, thereby excluding direct corporate ownership and requiring exposure via a franchise business model.