GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » MDB Capital Holdings LLC (NAS:MDBH) » Definitions » Long-Term Capital Lease Obligation

MDB Capital Holdings LLC (MDB Capital Holdings LLC) Long-Term Capital Lease Obligation : $2.34 Mil (As of Mar. 2024)


View and export this data going back to 2023. Start your Free Trial

What is MDB Capital Holdings LLC Long-Term Capital Lease Obligation?

MDB Capital Holdings LLC's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was $2.34 Mil.

MDB Capital Holdings LLC's quarterly Long-Term Capital Lease Obligation increased from Sep. 2023 ($2.21 Mil) to Dec. 2023 ($2.42 Mil) but then declined from Dec. 2023 ($2.42 Mil) to Mar. 2024 ($2.34 Mil).

MDB Capital Holdings LLC's annual Long-Term Capital Lease Obligation increased from Dec. 2021 ($0.72 Mil) to Dec. 2022 ($1.42 Mil) and increased from Dec. 2022 ($1.42 Mil) to Dec. 2023 ($2.42 Mil).


MDB Capital Holdings LLC Long-Term Capital Lease Obligation Historical Data

The historical data trend for MDB Capital Holdings LLC'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.

MDB Capital Holdings LLC Long-Term Capital Lease Obligation Chart

MDB Capital Holdings LLC Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
- 0.72 1.42 2.42

MDB Capital Holdings LLC Quarterly Data
Dec20 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 1.40 1.59 2.21 2.42 2.34

MDB Capital Holdings LLC  (NAS:MDBH) 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.

MDB Capital Holdings LLC Long-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of MDB Capital Holdings LLC's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.


MDB Capital Holdings LLC (MDB Capital Holdings LLC) Business Description

Traded in Other Exchanges
N/A
Address
14135 Midway Road, Suite G-150, Addison, TX, USA, 75001
MDB Capital Holdings LLC is an investment holding company which operates through its subsidiaries focuses on early- stage technology companies through public offerings. The company's purpose is to engage with companies holding visionary technology, inventors, and technology entrepreneurs. The Company operates in two reportable segments: a broker dealer & intellectual property service and technology development.
Executives
Christopher A Marlett director, 10 percent owner, officer: CEO 100 WILSHIRE BLVD, SANTA MONICA CA 90401
Anthony Digiandomenico director, 10 percent owner, officer: Chief of Transactions 3600 GREEN COURT, SUITE 350, ANN ARBOR MI 48105
Matthew Hayden director 9734 ANCHOR DRIVE, LONGS SC 29568
Jeremy William James officer: Chief Accounting Officer 4785 GLEN HEATHER DRIVE, FRISCO TX 75034
Sean James Magennis director 5109 W. PURDUE AVE, DALLAS TX 75209
Mohammad Hayat director, officer: Chief Entrepreneurship & Ops 750 ROYAL OAKS DRIVE,, SUITE 106, MONROVIA CA 91016
George Hugh Brandon director, officer: President 859 SOUTHERN SHORE DR, PEACHTREE CITY GA 30269
Susanne Meline director P.O. BOX 515381, #86506, LOS ANGELES CA 90051