Discovery Lithium (STU:Q3Q0) Long-Term Capital Lease Obligation : €0.00 Mil (As of Jan. 2024)

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What is Discovery Lithium Long-Term Capital Lease Obligation?

Discovery Lithium's Long-Term Capital Lease Obligation for the quarter that ended in Jan. 2024 was €0.00 Mil.

Discovery Lithium Long-Term Capital Lease Obligation Historical Data

The historical data trend for Discovery Lithium'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.

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Discovery Lithium Long-Term Capital Lease Obligation Chart

Discovery Lithium Annual Data

Trend

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Long-Term Capital Lease Obligation

Discovery Lithium Quarterly Data
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Discovery Lithium (STU:Q3Q0) 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.

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Discovery Lithium (STU:Q3Q0) Business Description

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DCLIF:USA Q3Q0:Germany DCLI:Canada

Address

1110 Hamilton Strett, Suite 306, Vancouver, BC, CAN, V6B 2S2

Website

ISM Resources Corp is a junior exploration company engaged in the exploration and development of the ESN Property, Koster Dam Property, and Quet Gold Ridge and Fire Creek Property. It is engaged in the business of gold mineral exploration.

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