GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Castile Resources Ltd (ASX:CST) » Definitions » Long-Term Capital Lease Obligation

Castile Resources (ASX:CST) Long-Term Capital Lease Obligation : A$0.00 Mil (As of Dec. 2023)


View and export this data going back to 2020. Start your Free Trial

What is Castile Resources Long-Term Capital Lease Obligation?

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

Castile Resources's quarterly Long-Term Capital Lease Obligation increased from Dec. 2022 (A$0.00 Mil) to Jun. 2023 (A$0.04 Mil) but then declined from Jun. 2023 (A$0.04 Mil) to Dec. 2023 (A$0.00 Mil).

Castile Resources's annual Long-Term Capital Lease Obligation declined from Jun. 2021 (A$0.08 Mil) to Jun. 2022 (A$0.06 Mil) and declined from Jun. 2022 (A$0.06 Mil) to Jun. 2023 (A$0.04 Mil).


Castile Resources Long-Term Capital Lease Obligation Historical Data

The historical data trend for Castile Resources'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.

Castile Resources Long-Term Capital Lease Obligation Chart

Castile Resources Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23
Long-Term Capital Lease Obligation
- 0.12 0.08 0.06 0.04

Castile Resources Semi-Annual Data
Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Long-Term Capital Lease Obligation Get a 7-Day Free Trial - 0.06 - 0.04 -

Castile Resources  (ASX:CST) 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.

Castile Resources Long-Term Capital Lease Obligation Related Terms

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


Castile Resources (ASX:CST) Business Description

Traded in Other Exchanges
Address
17 Southport Street, Suite 1A, West Leederville, WA, AUS, 6007
Castile Resources Ltd is a mineral exploration and development company. Its projects include the Rover Project and the Warumpi Project. The Company operates predominantly in one business segment the exploration of minerals in one geographic segment, Australia.

Castile Resources (ASX:CST) Headlines

From GuruFocus

Gabelli Asset Management Comments on CST Brands

By Holly LaFon 05-13-2014

Gabelli Asset Management Comments on CST Brands

By Holly LaFon 05-13-2014

Mario Gabelli Comments on CST Brands Inc.

By Holly LaFon 02-19-2014

Third Avenue Management Comments on CST Brands

By Holly LaFon Holly LaFon 09-12-2013

CST Brands – Value in the Corner

By MritikCapital MritikCapital 05-15-2013