GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Gold Port Corp (XCNQ:GPO) » Definitions » Long-Term Capital Lease Obligation

Gold Port (XCNQ:GPO) Long-Term Capital Lease Obligation : C$0.00 Mil (As of Mar. 2024)


View and export this data going back to 2019. Start your Free Trial

What is Gold Port Long-Term Capital Lease Obligation?

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


Gold Port Long-Term Capital Lease Obligation Historical Data

The historical data trend for Gold Port'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.

Gold Port Long-Term Capital Lease Obligation Chart

Gold Port Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial - - - - -

Gold Port Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Gold Port  (XCNQ:GPO) 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.

Gold Port Long-Term Capital Lease Obligation Related Terms

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


Gold Port (XCNQ:GPO) Business Description

Industry
Traded in Other Exchanges
Address
1681 Chestnut Street, Suite 400, Vancouver, BC, CAN, V6J 4M6
Gold Port Corp is a gold exploration company focused on Guyana, South America. The company owns the Groete Creek Gold Project located in the prolific Guiana Shield, which is home to some of the world's largest gold deposits. Combined with the Akaiwong and Tamberlin gold exploration projects, both in Guyana, Gold Port holds an exciting inventory of exploration and development stage gold projects. It operates in a single reportable operating segment which is exploration and evaluation assets in Guyana and Canada.
Executives
Adrian Frederick Codrington Hobkirk Director, Senior Officer

Gold Port (XCNQ:GPO) Headlines

No Headlines