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Sylla Gold (TSXV:SYG) Long-Term Capital Lease Obligation : C$0.00 Mil (As of Aug. 2024)


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What is Sylla Gold Long-Term Capital Lease Obligation?

Sylla Gold's Long-Term Capital Lease Obligation for the quarter that ended in Aug. 2024 was C$0.00 Mil.


Sylla Gold Long-Term Capital Lease Obligation Historical Data

The historical data trend for Sylla Gold'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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Sylla Gold Long-Term Capital Lease Obligation Chart

Sylla Gold Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Long-Term Capital Lease Obligation
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Sylla Gold Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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Sylla Gold  (TSXV:SYG) 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.

Sylla Gold Long-Term Capital Lease Obligation Related Terms

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Sylla Gold Business Description

Industry
Traded in Other Exchanges
Address
1550 Bedford Highway, Suite 802, Bedford, NS, CAN, B4A 1E6
Sylla Gold Corp is is a Canadian junior gold exploration company focused on the exploration and acquisition of gold properties in West Africa.
Executives
Regan Connick Benjamin Isenor Senior Officer
Gregory Powell Isenor 10% Security Holder, Director
James William Spratt Director

Sylla Gold Headlines

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