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Mad Paws Holdings (ASX:MPA) Long-Term Capital Lease Obligation : A$0.00 Mil (As of Dec. 2023)


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What is Mad Paws Holdings Long-Term Capital Lease Obligation?

Mad Paws Holdings's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.00 Mil.

Mad Paws Holdings's quarterly Long-Term Capital Lease Obligation increased from Dec. 2022 (A$0.00 Mil) to Jun. 2023 (A$2.31 Mil) but then declined from Jun. 2023 (A$2.31 Mil) to Dec. 2023 (A$0.00 Mil).

Mad Paws Holdings's annual Long-Term Capital Lease Obligation increased from Jun. 2021 (A$0.00 Mil) to Jun. 2022 (A$1.12 Mil) and increased from Jun. 2022 (A$1.12 Mil) to Jun. 2023 (A$2.31 Mil).


Mad Paws Holdings Long-Term Capital Lease Obligation Historical Data

The historical data trend for Mad Paws Holdings'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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Mad Paws Holdings Long-Term Capital Lease Obligation Chart

Mad Paws Holdings Annual Data
Trend Jun20 Jun21 Jun22 Jun23
Long-Term Capital Lease Obligation
0.14 - 1.12 2.31

Mad Paws Holdings Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Long-Term Capital Lease Obligation Get a 7-Day Free Trial - 1.12 - 2.31 -

Mad Paws Holdings  (ASX:MPA) 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.

Mad Paws Holdings Long-Term Capital Lease Obligation Related Terms

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Mad Paws Holdings (ASX:MPA) Business Description

Traded in Other Exchanges
N/A
Address
126-130 Phillip Street, Level 5, Sydney, NSW, AUS, 2000
Mad Paws Holdings Ltd is an Australian-based pet services business whose primary activity is the operation of a pet care services online marketplace. The Mad Paws marketplace matches and connects pet owners seeking pet care services, such as pet sitting, walking, daycare, and grooming, with pet sitters, walkers, and other pet service providers registered on the marketplace. The company operates in two segments, marketplace, and E-commerce & subscription. The majority of revenue is derived from e-commerce & subscription segments.