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Fathom Digital Manufacturing (Fathom Digital Manufacturing) Long-Term Capital Lease Obligation : $8.7 Mil (As of Mar. 2024)


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What is Fathom Digital Manufacturing Long-Term Capital Lease Obligation?

Fathom Digital Manufacturing's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was $8.7 Mil.

Fathom Digital Manufacturing's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 ($9.7 Mil) to Dec. 2023 ($9.2 Mil) and declined from Dec. 2023 ($9.2 Mil) to Mar. 2024 ($8.7 Mil).

Fathom Digital Manufacturing's annual Long-Term Capital Lease Obligation increased from Dec. 2021 ($0.0 Mil) to Dec. 2022 ($11.1 Mil) but then declined from Dec. 2022 ($11.1 Mil) to Dec. 2023 ($9.2 Mil).


Fathom Digital Manufacturing Long-Term Capital Lease Obligation Historical Data

The historical data trend for Fathom Digital Manufacturing'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.

Fathom Digital Manufacturing Long-Term Capital Lease Obligation Chart

Fathom Digital Manufacturing Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
- - 11.08 9.20

Fathom Digital Manufacturing Quarterly Data
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.80 10.29 9.71 9.20 8.66

Fathom Digital Manufacturing  (NYSE:FATH) 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.

Fathom Digital Manufacturing Long-Term Capital Lease Obligation Related Terms

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Fathom Digital Manufacturing (Fathom Digital Manufacturing) Business Description

Traded in Other Exchanges
N/A
Address
1050 Walnut Ridge Drive, Hartland, WI, USA, 53029
Fathom Digital Manufacturing Corp is an on-demand digital manufacturing platform in North America, serving comprehensive product development and low- to mid-volume manufacturing needs. The company blends in-house capabilities across plastic and metal additive technologies, CNC machining, injection molding & tooling, sheet metal fabrication, and design and engineering.