MODD (Modular Medical) Short-Term Capital Lease Obligation : $0.41 Mil (As of Dec. 2024)

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What is Modular Medical Short-Term Capital Lease Obligation?

Modular Medical's Short-Term Capital Lease Obligation for the quarter that ended in Dec. 2024 was $0.41 Mil.

Modular Medical's quarterly Short-Term Capital Lease Obligation increased from Jun. 2024 ($0.39 Mil) to Sep. 2024 ($0.40 Mil) and increased from Sep. 2024 ($0.40 Mil) to Dec. 2024 ($0.41 Mil).

Modular Medical's annual Short-Term Capital Lease Obligation increased from Mar. 2022 ($0.15 Mil) to Mar. 2023 ($0.36 Mil) and increased from Mar. 2023 ($0.36 Mil) to Mar. 2024 ($0.37 Mil).

Modular Medical Short-Term Capital Lease Obligation Historical Data

The historical data trend for Modular Medical's Short-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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Modular Medical Short-Term Capital Lease Obligation Chart

Modular Medical Annual Data

Trend

Jun15

Jun16

Jun17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Short-Term Capital Lease Obligation

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0.09

0.13

0.15

0.36

0.37

Modular Medical Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Short-Term Capital Lease Obligation	Get a 7-Day Free Trial															0.36	0.37	0.39	0.40	0.41

Modular Medical Short-Term Capital Lease Obligation Explanation

Short-Term Capital Lease Obligation represents the total amount of Long-Term Capital Lease Obligation that must be paid within the next accounting period. Capital lease obligations are contractual obligations that arise from obtaining the use of property or equipment via a capital lease contract.

Modular Medical Short-Term Capital Lease Obligation Related Terms

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Modular Medical Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Modular Medical Inc (NAS:MODD) » Definitions » Short-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

10470 Thornmint Road, San Diego, CA, USA, 92127

Website

https://www.modular-medical.com

Modular Medical Inc is a development stage medical device company which focuses on the design, development, and commercialization of insulin pumps using modernized technology to increase pump adoption in the diabetes marketplace. The company's products seek to serve both the type 1 and the rapidly growing, especially in terms of device adoption, type 2 diabetes markets.

Executives

Manchester Management Co Llc	10 percent owner	3 WEST HILL PLACE, BOSTON MA 02110
Philip Brent Sheibley	director	C/O MODULAR MEDICAL, INC., 16772 W. BERNARDO DRIVE, SAN DIEGO CA 92127
Jeb Partners, L.p.	other: Director by Deputization	MANCHESTER MANAGEMENT COMPANY, L.L.C, 3 WEST HILL PLACE, BOSTON MA 02114
Kevin Schmid	officer: Chief Operating Officer	8 EAGLES NEST LANE, BEDFORD MA 01921
Paul Diperna	director, 10 percent owner, officer: See Remarks	16772 W BERNARDO DRIVE, RANCHO BERNARDO CA 92127
Carmen B Volkart	director	C/O MODULAR MEDICAL, INC., 16772 WEST BERNARDO DRIVE, SAN DIEGO CA 92127
Duane M Desisto	director	INSULET CORPORATION, 9 OAK PARK DRIVE, BEDFORD MA 01730
Ellen O'connor Vos	director	C/O NTELOS HOLDINGS CORP., 1154 SHENANDOAH VILLAGE DRIVE, WAYNESBORO VA 22980
Steven G Felsher	director	C/O SITO MOBILE, LTD.,, 100 TOWN SQUARE PLACE, STE 204, JERSEY CITY NJ 07310
Morgan C. Frank	10 percent owner	2 CALLE NAIRN, UNIT 701, SAN JUAN PR 00907
Paul Diperna Irrevocable Trust	other: See Footnote(1)	16772 WEST BERNARDO DRIVE, SAN DIEGO CA 92127
Stephen Edward Daly	officer: Chief Commercial Officer	2090 DIPINTO ROAD, HENDERSON NV 89052
William J Febbo	director	600 CALIFORNIA ST., 9TH FLOOR, SAN FRANCISCO CA 94108
Liam Burns	director	C/O MODULAR MEDICAL, INC., 800 W. VALLEY PARKWAY, SUITE 203, ESCONDIDO CA 92025
James E Besser	10 percent owner	3 WEST HILL PLACE, BOSTON MA 02114