GURUFOCUS.COM » STOCK LIST » Europe » Germany » FRA » SilverCrest Metals Inc (FRA:S0C) » Definitions » Long-Term Capital Lease Obligation
Switch to:

SilverCrest Metals (FRA:S0C) Long-Term Capital Lease Obligation

: €0.24 Mil (As of Mar. 2023)
View and export this data going back to 2016. Start your Free Trial

SilverCrest Metals's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2023 was €0.24 Mil.

SilverCrest Metals's quarterly Long-Term Capital Lease Obligation increased from Sep. 2022 (€0.20 Mil) to Dec. 2022 (€0.25 Mil) but then declined from Dec. 2022 (€0.25 Mil) to Mar. 2023 (€0.24 Mil).

SilverCrest Metals's annual Long-Term Capital Lease Obligation increased from Dec. 2020 (€0.14 Mil) to Dec. 2021 (€0.23 Mil) and increased from Dec. 2021 (€0.23 Mil) to Dec. 2022 (€0.25 Mil).


SilverCrest Metals Long-Term Capital Lease Obligation Historical Data

The historical data trend for SilverCrest Metals'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.

SilverCrest Metals Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Long-Term Capital Lease Obligation
Premium Member Only Premium Member Only Premium Member Only - 0.25 0.14 0.23 0.25

SilverCrest Metals Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Long-Term Capital Lease Obligation 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 Premium Member Only Premium Member Only Premium Member Only 0.21 0.19 0.20 0.25 0.24

SilverCrest Metals  (FRA:S0C) 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.

SilverCrest Metals Long-Term Capital Lease Obligation Related Terms

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


SilverCrest Metals (FRA:S0C) Business Description

SilverCrest Metals logo
Traded in Other Exchanges
Address
570 Granville Street, Suite 501, Vancouver, BC, CAN, V6C 3P1
SilverCrest Metals Inc involves in the exploration, development, and extraction of silver and other precious metals. The company's properties include Las Chispas, Cruz de Mayo, and other projects.

SilverCrest Metals (FRA:S0C) Headlines

No Headlines