Ensign Group (FRA:EGB) Long-Term Capital Lease Obligation : €1,566 Mil (As of Mar. 2024)

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What is Ensign Group Long-Term Capital Lease Obligation?

Ensign Group's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was €1,566 Mil.

Ensign Group's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (€1,554 Mil) to Dec. 2023 (€1,503 Mil) but then increased from Dec. 2023 (€1,503 Mil) to Mar. 2024 (€1,566 Mil).

Ensign Group's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (€935 Mil) to Dec. 2022 (€1,279 Mil) and increased from Dec. 2022 (€1,279 Mil) to Dec. 2023 (€1,503 Mil).

Ensign Group Long-Term Capital Lease Obligation Historical Data

The historical data trend for Ensign Group'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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Ensign Group Long-Term Capital Lease Obligation Chart

Ensign Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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876.59

781.16

935.02

1,279.23

1,503.26

Ensign Group Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															1,566.31	1,530.13	1,553.50	1,503.26	1,565.52

Ensign Group (FRA:EGB) 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.

Ensign Group Long-Term Capital Lease Obligation Related Terms

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Ensign Group (FRA:EGB) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Ensign Group Inc (FRA:EGB) » Definitions » Long-Term Capital Lease Obligation

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ENSG:USA

Address

29222 Rancho Viejo Road, Suite 127, San Juan Capistrano, CA, USA, 92675

Website

https://www.ensigngroup.net

Ensign Group Inc provides post-acute healthcare services in the United States. Its regional subsidiaries oversee skilled nursing, assisted living, home health and hospice, mobile ancillary, and urgent care operations. Medicare and Medicaid programs contribute a majority of revenue received for Ensign's services. The firm operates through two segments, Skilled services, and Standard Bearer. The skilled services segment includes the operation of skilled nursing facilities and rehabilitation therapy services. The real estate segment comprises of properties owned by the company and leased to skilled nursing and assisted living operations. The majority of the revenue is generated from the services segment.

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