Discovery Minerals (Discovery Minerals) Long-Term Capital Lease Obligation : $0.00 Mil (As of . 20)

View and export this data going back to 2006. Start your Free Trial

What is Discovery Minerals Long-Term Capital Lease Obligation?

Discovery Minerals's Long-Term Capital Lease Obligation for the quarter that ended in . 20 was $0.00 Mil.

Discovery Minerals Long-Term Capital Lease Obligation Historical Data

The historical data trend for Discovery Minerals'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.

Discovery Minerals Long-Term Capital Lease Obligation Chart

Discovery Minerals Annual Data

Trend

Long-Term Capital Lease Obligation

Discovery Minerals Quarterly Data

Long-Term Capital Lease Obligation

Discovery Minerals (OTCPK:DSCR) 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.

Discovery Minerals Long-Term Capital Lease Obligation Related Terms

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

Discovery Minerals (Discovery Minerals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Discovery Minerals Ltd (OTCPK:DSCR) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

429 W. Plumb Lane, Reno, NV, USA, 89509

Website

https://www.discoveryminerals.com

Discovery Minerals Ltd is a United States-based acquisition and development company. The company targets natural resource properties through its subsidiaries. The properties fall within two primary channels, precious metals such as gold, silver, and precious metals, and industrial hemp.