GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Augustus Minerals Ltd (ASX:AUG) » Definitions » Long-Term Capital Lease Obligation

Augustus Minerals (ASX:AUG) Long-Term Capital Lease Obligation : A$0.00 Mil (As of Dec. 2023)


View and export this data going back to 2023. Start your Free Trial

What is Augustus Minerals Long-Term Capital Lease Obligation?

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


Augustus Minerals Long-Term Capital Lease Obligation Historical Data

The historical data trend for Augustus 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.

* Premium members only.

Augustus Minerals Long-Term Capital Lease Obligation Chart

Augustus Minerals Annual Data
Trend Jun22 Jun23
Long-Term Capital Lease Obligation
- -

Augustus Minerals Semi-Annual Data
Jun22 Dec22 Jun23 Dec23
Long-Term Capital Lease Obligation - - - -

Augustus Minerals  (ASX:AUG) 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.

Augustus Minerals Long-Term Capital Lease Obligation Related Terms

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


Augustus Minerals (ASX:AUG) Business Description

Traded in Other Exchanges
N/A
Address
41 – 43 Ord Street, Level 2, West Perth, WA, AUS, 6005
Augustus Minerals Ltd is an Exploration Company exploring for Rare Earths, Lithium, Copper-Gold, and Nickel-copper-PGEs in a large tenement package located in the Gascoyne Province of Western Australia. The project covers approximately 3,905km2 of granted and under application tenements located in the Gascoyne Province, in the Shire of Upper Gascoyne and the Shire of Carnarvon. The company's projects include Crawford Bore Area, Lyons Central Area, Minnie Springs Area, and Mt Phillips Area.

Augustus Minerals (ASX:AUG) Headlines

No Headlines