GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » International Tower Hill Mines Ltd (TSX:ITH) » Definitions » Long-Term Capital Lease Obligation

International Tower Hill Mines (TSX:ITH) Long-Term Capital Lease Obligation : C$0.00 Mil (As of Dec. 2023)


View and export this data going back to 1991. Start your Free Trial

What is International Tower Hill Mines Long-Term Capital Lease Obligation?

International Tower Hill Mines's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.00 Mil.


International Tower Hill Mines Long-Term Capital Lease Obligation Historical Data

The historical data trend for International Tower Hill Mines'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.

International Tower Hill Mines Long-Term Capital Lease Obligation Chart

International Tower Hill Mines Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

International Tower Hill Mines Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

International Tower Hill Mines  (TSX:ITH) 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.

International Tower Hill Mines Long-Term Capital Lease Obligation Related Terms

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


International Tower Hill Mines (TSX:ITH) Business Description

Traded in Other Exchanges
Address
200 Granville Street, Suite 2710, Vancouver, BC, CAN, V6C 1S4
International Tower Hill Mines Ltd is a mining company. It is engaged in the acquisition, exploration, and development of mineral properties. The company holds interests in an exploration project namely the Livengood Gold Project. It is located approximately 70 miles northwest of Fairbanks, Alaska in the Tolovana mining district within the Tintina gold belt. The project property consists of land leased from the Alaska mental health trust, a number of smaller private mineral leases, Alaska state mining claims purchased or located by the company and patented ground held by the company.

International Tower Hill Mines (TSX:ITH) Headlines

No Headlines