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Leveljump Healthcare (Leveljump Healthcare) Long-Term Capital Lease Obligation : $0.56 Mil (As of Sep. 2023)


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What is Leveljump Healthcare Long-Term Capital Lease Obligation?

Leveljump Healthcare's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.56 Mil.

Leveljump Healthcare's quarterly Long-Term Capital Lease Obligation increased from Dec. 2022 ($0.12 Mil) to Mar. 2023 ($0.76 Mil) but then declined from Mar. 2023 ($0.76 Mil) to Sep. 2023 ($0.56 Mil).

Leveljump Healthcare's annual Long-Term Capital Lease Obligation stayed the same from Aug. 2020 ($0.00 Mil) to Dec. 2021 ($0.00 Mil) but then increased from Dec. 2021 ($0.00 Mil) to Dec. 2022 ($0.12 Mil).


Leveljump Healthcare Long-Term Capital Lease Obligation Historical Data

The historical data trend for Leveljump Healthcare'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.

Leveljump Healthcare Long-Term Capital Lease Obligation Chart

Leveljump Healthcare Annual Data
Trend Aug19 Aug20 Dec21 Dec22
Long-Term Capital Lease Obligation
- - - 0.12

Leveljump Healthcare Quarterly Data
Nov19 Aug20 Nov20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23
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 0.18 0.15 0.12 0.76 0.56

Leveljump Healthcare  (OTCPK:JMPHF) 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.

Leveljump Healthcare Long-Term Capital Lease Obligation Related Terms

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Leveljump Healthcare (Leveljump Healthcare) Business Description

Traded in Other Exchanges
Address
85 Scarsdale Road, Suite 304, Toronto, ON, CAN, M3B 2R2
Leveljump Healthcare Corp is engaged in the business of providing radiology solutions for hospitals, emergency rooms, and private clinics. The company offers telehealth services that are designed to provide a doctor-to-doctor collaboration and diagnosis allowing effective patient care.