Cadan Resources (Cadan Resources) Long-Term Capital Lease Obligation : $0.00 Mil (As of Sep. 2018)

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

What is Cadan Resources Long-Term Capital Lease Obligation?

Cadan Resources's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2018 was $0.00 Mil.

Cadan Resources Long-Term Capital Lease Obligation Historical Data

The historical data trend for Cadan 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.

Cadan Resources Long-Term Capital Lease Obligation Chart

Cadan Resources Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

Cadan Resources Quarterly Data
	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															-	-	-	-	-

Cadan Resources (OTCPK:CADAF) 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.

Cadan Resources Long-Term Capital Lease Obligation Related Terms

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

Cadan Resources (Cadan Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Cadan Resources Corp (OTCPK:CADAF) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

666 Burrard Street, Suite 600, Vancouver, BC, CAN, V6C 3P6

Website

http://www.rizalresources.com

Rizal Resources Corp is engaged in the exploration of natural resource properties located in the Philippines. Its properties include T'Boli Gold Mine Project, Batoto Gold Project, and Comval Copper-Gold Project. It operates through resource property exploration segment. It is focused on the development, exploration and production activities at the T'Boli gold-silver mine. Its material mineral properties are the T'Boli gold-silver deposit, the Batoto-Tarale gold prospect, and the Comval copper-gold deposits. The Batoto Gold Project offers excellent discovery opportunities for gold and gold-copper that will complement the T'Boli gold mining operation.

Cadan Resources (Cadan Resources) Headlines

From GuruFocus

T'boli Mine Site Fatality

By GlobeNewswire GlobeNewswire • 05-29-2018