GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Upexi Inc (NAS:UPXI) » Definitions » Long-Term Capital Lease Obligation

Upexi (UPXI) Long-Term Capital Lease Obligation : $1.84 Mil (As of Mar. 2025)


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

What is Upexi Long-Term Capital Lease Obligation?

Upexi's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was $1.84 Mil.

Upexi's quarterly Long-Term Capital Lease Obligation increased from Sep. 2024 ($1.84 Mil) to Dec. 2024 ($1.84 Mil) but then stayed the same from Dec. 2024 ($1.84 Mil) to Mar. 2025 ($1.84 Mil).

Upexi's annual Long-Term Capital Lease Obligation declined from Jun. 2022 ($0.70 Mil) to Jun. 2023 ($0.00 Mil) but then increased from Jun. 2023 ($0.00 Mil) to Jun. 2024 ($1.73 Mil).


Upexi Long-Term Capital Lease Obligation Historical Data

The historical data trend for Upexi'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.

Upexi Long-Term Capital Lease Obligation Chart

Upexi Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial 0.34 0.22 0.70 - 1.73

Upexi Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Long-Term Capital Lease Obligation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.06 1.73 1.84 1.84 1.84

Upexi  (NAS:UPXI) 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.

Upexi Long-Term Capital Lease Obligation Related Terms

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


Upexi Business Description

Industry
Traded in Other Exchanges
N/A
Address
3030 North Rocky Point Drive, Tampa, FL, USA, 33607
Upexi Inc specializes in the development, manufacturing, and distribution of consumer products. It reaches consumers through its direct-to-consumer network, wholesale partnerships, and prominent third-party platforms like Amazon.
Executives
Andrew James Norstrud officer: CFO 15837 TRACKSIDE DRIVE, ODESSA FL 33556
Allan Marshall director, 10 percent owner, officer: CEO 18302 HIGHWOODS PRESERVE PARKWAY, SUITE 100, TAMPA FL 33647
Gene Salkind director, 10 percent owner 1165 WRACK ROAD, MEADOWBROOK PA 19046
Lawrence Dugan director 274 GOLFVIEW DRIVE, TEQUESTA FL 33469
Anthony P. Bazan officer: Chief Operations Officer 13246 WATER GAP RD., WILLIAMS OR 97544
Thomas Charles Williams director 150 TROTTERS RIDGE, FAYETTEVILLE GA 30215
Robert Hackett director, 10 percent owner, officer: President 320 FALCON FIRE AVE, LAS VEGAS NV 89148