GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Canter Resources Corp (XCNQ:CRC) » Definitions » Long-Term Capital Lease Obligation

Canter Resources (XCNQ:CRC) Long-Term Capital Lease Obligation : C$0.00 Mil (As of Dec. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Canter Resources Long-Term Capital Lease Obligation?

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


Canter Resources Long-Term Capital Lease Obligation Historical Data

The historical data trend for Canter 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.

Canter Resources Long-Term Capital Lease Obligation Chart

Canter Resources Annual Data
Trend Jun21 Jun22 Jun23
Long-Term Capital Lease Obligation
- - -

Canter Resources Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Long-Term Capital Lease Obligation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Canter Resources  (XCNQ:CRC) 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.

Canter Resources Long-Term Capital Lease Obligation Related Terms

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


Canter Resources (XCNQ:CRC) Business Description

Traded in Other Exchanges
Address
918-1030 West Georgia Street, Vancouver, BC, CAN, V6E 2Y3
Canter Resources Corp's principal includes the exploration and development of base and precious mineral resources in British Columbia. The company's project includes the Columbus lithium-boron project. Puzzle Lake Gold Project, Santoy-Seabee mine complex in Saskatchewan, Canada and the Beaver Creek Property.
Executives
Joness Lang Director, Senior Officer