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ECR Minerals (ECR Minerals) Long-Term Capital Lease Obligation : $0.00 Mil (As of Sep. 2023)


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What is ECR Minerals Long-Term Capital Lease Obligation?

ECR Minerals's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil.


ECR Minerals Long-Term Capital Lease Obligation Historical Data

The historical data trend for ECR Minerals'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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ECR Minerals Long-Term Capital Lease Obligation Chart

ECR Minerals Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Long-Term Capital Lease Obligation
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ECR Minerals Semi-Annual Data
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ECR Minerals  (OTCPK:MTGDY) 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.

ECR Minerals Long-Term Capital Lease Obligation Related Terms

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ECR Minerals (ECR Minerals) Business Description

Traded in Other Exchanges
Address
Ranelagh Gardens, Office T3, Hurlingham Studios, London, GBR, SW6 3PA
ECR Minerals PLC is a mineral exploration and development company which acts as a holding company for its subsidiaries and other investments. It is involved in the identification, acquisition, exploration, and development of mineral projects. The company focuses on the exploration of Gold and Copper assets. The firm's current project area is Argentina, Australia, and the Philippines. Its projects include SLM gold, Danglay gold, and Central Victorian Gold.

ECR Minerals (ECR Minerals) Headlines

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