Align Technology (WBO:ALGN) Short-Term Capital Lease Obligation : €29 Mil (As of Mar. 2024)

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What is Align Technology Short-Term Capital Lease Obligation?

Align Technology's Short-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was €29 Mil.

Align Technology's quarterly Short-Term Capital Lease Obligation increased from Sep. 2023 (€26 Mil) to Dec. 2023 (€27 Mil) and increased from Dec. 2023 (€27 Mil) to Mar. 2024 (€29 Mil).

Align Technology's annual Short-Term Capital Lease Obligation increased from Dec. 2021 (€20 Mil) to Dec. 2022 (€25 Mil) and increased from Dec. 2022 (€25 Mil) to Dec. 2023 (€27 Mil).

Align Technology Short-Term Capital Lease Obligation Historical Data

The historical data trend for Align Technology'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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Align Technology Short-Term Capital Lease Obligation Chart

Align Technology Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Short-Term Capital Lease Obligation

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14.16

17.87

20.11

25.09

27.19

Align Technology Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Short-Term Capital Lease Obligation	Get a 7-Day Free Trial															25.94	26.56	26.50	27.19	28.82

Align Technology 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.

Align Technology Short-Term Capital Lease Obligation Related Terms

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Align Technology (WBO:ALGN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Align Technology Inc (WBO:ALGN) » Definitions » Short-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

ALGN:USA ALGN:Mexico AFW:Germany A1LG34:Brazil

Address

410 North Scottsdale Road, Suite 1300, Tempe, AZ, USA, 85281

Website

https://www.aligntech.com

Align Technology is the leading manufacturer of clear aligners. Invisalign, its main product, was approved by the FDA in 1998, and it has since dominated, controlling over 90% of the market. Invisalign can treat roughly 90% of all malocclusion cases (misaligned teeth), and there are over 230,000 Invisalign-trained dentists and orthodontists. In 2022, Invisalign treated over 2 million cases, or roughly 10% of all orthodontic cases for the year, and it has treated over 14 million patients since its launch. Align also sells intraoral scanners under the brand iTero, which captures digital impressions of patients' teeth and illustrates treatment plans. Over 85% of Invisalign cases are submitted by digital scans and iTero scans make up over half of these scans.