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Epitomee Medical (XTAE:EPIT) Long-Term Capital Lease Obligation : ₪13.08 Mil (As of Dec. 2023)


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What is Epitomee Medical Long-Term Capital Lease Obligation?

Epitomee Medical's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₪13.08 Mil.

Epitomee Medical's quarterly Long-Term Capital Lease Obligation declined from Dec. 2022 (₪13.40 Mil) to Jun. 2023 (₪12.79 Mil) but then increased from Jun. 2023 (₪12.79 Mil) to Dec. 2023 (₪13.08 Mil).

Epitomee Medical's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (₪1.04 Mil) to Dec. 2022 (₪13.40 Mil) but then declined from Dec. 2022 (₪13.40 Mil) to Dec. 2023 (₪13.08 Mil).


Epitomee Medical Long-Term Capital Lease Obligation Historical Data

The historical data trend for Epitomee Medical'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.

Epitomee Medical Long-Term Capital Lease Obligation Chart

Epitomee Medical Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial 1.05 0.85 1.04 13.40 13.08

Epitomee Medical Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Long-Term Capital Lease Obligation Get a 7-Day Free Trial Premium Member Only 1.04 0.67 13.40 12.79 13.08

Epitomee Medical  (XTAE:EPIT) 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.

Epitomee Medical Long-Term Capital Lease Obligation Related Terms

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Epitomee Medical (XTAE:EPIT) Business Description

Traded in Other Exchanges
Address
Tarshish 19, Caesarea, ISR, 3088900
Epitomee Medical Ltd is engaged in developing and commercializing ingestible therapeutic devices.

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