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Wiluna Mining (Wiluna Mining) Long-Term Capital Lease Obligation : $10.09 Mil (As of Jun. 2022)


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What is Wiluna Mining Long-Term Capital Lease Obligation?

Wiluna Mining's Long-Term Capital Lease Obligation for the quarter that ended in Jun. 2022 was $10.09 Mil.

Wiluna Mining's quarterly Long-Term Capital Lease Obligation declined from Jun. 2021 ($3.04 Mil) to Dec. 2021 ($0.00 Mil) but then increased from Dec. 2021 ($0.00 Mil) to Jun. 2022 ($10.09 Mil).

Wiluna Mining's annual Long-Term Capital Lease Obligation increased from Jun. 2020 ($3.01 Mil) to Jun. 2021 ($3.04 Mil) and increased from Jun. 2021 ($3.04 Mil) to Jun. 2022 ($10.09 Mil).


Wiluna Mining Long-Term Capital Lease Obligation Historical Data

The historical data trend for Wiluna Mining'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.

Wiluna Mining Long-Term Capital Lease Obligation Chart

Wiluna Mining Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.13 0.14 3.01 3.04 10.09

Wiluna Mining Semi-Annual Data
Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22
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 3.01 - 3.04 - 10.09

Wiluna Mining  (OTCPK:WMXCF) 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.

Wiluna Mining Long-Term Capital Lease Obligation Related Terms

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Wiluna Mining (Wiluna Mining) Business Description

Traded in Other Exchanges
N/A
Address
643 Murray Street, Level 2, West Perth, Perth, WA, AUS, 6005
Wiluna Mining Corp Ltd is a Perth-based gold mining company that controls over 1,600 square kilometers of the Yilgarn Craton in the Northern Goldfields of WA. The principal activities of the company are the production of gold from the Wiluna Gold Operation; and gold exploration and development. Its project portfolio includes Wiluna, Regent, Lake Way, and Matilda.

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