What does termination of operating lease liability mean?

Reflects the reduction in lease liabilities associated with the termination or expiration of operating lease contracts. This metric tracks the removal of future payment obligations from the balance sheet, signaling a contraction in long-term lease commitments. It helps investors evaluate the company's success in optimizing its physical infrastructure and reducing fixed operational overhead.

First Community Corporation FCCO Termination Of Operating Lease Liability

Termination Of Operating Lease Liability at other companies

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Other financials

Income statement

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Revenue$23.2M+26.1%

Net income$5.5M+37.6%

EPS (diluted)$0.59+15.7%

Balance sheet

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Cash & equivalents$161.1M+7.5%

Total debt$2.6M-0.5%

Total equity$220.8M+47.3%

Total assets$2.4B+17.3%

Cash flow

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Operating cash flow-$2.4M-137%

CapEx$96.0K-52.0%

Free cash flow-$2.5M-140%

Valuation

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Market cap$302.99M+74.5%

P/E14.6×+3.3×

P/S3.6×+1.1×

Profitability

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Net margin24.7%+2.5pp

FCF margin11.1%—

Returns & leverage

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Return on equity11.2%+0.3pp

Debt / equity0×0.0×

Where this comes from

Reported directly by First Community Corporation in its filing.

Tagged under the XBRL concept fcco:TerminationOfOperatingLeaseLiability.

The official record: First Community Corporation’s 10-K, filed March 16, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is First Community Corporation's termination of operating lease liability?: First Community Corporation (FCCO) reported termination of operating lease liability of $127.5K in Q4 2024.
What does termination of operating lease liability mean?: Reflects the reduction in lease liabilities associated with the termination or expiration of operating lease contracts. This metric tracks the removal of future payment obligations from the balance sheet, signaling a contraction in long-term lease commitments. It helps investors evaluate the company's success in optimizing its physical infrastructure and reducing fixed operational overhead.