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

Resolution Minerals (ASX:RML) Long-Term Capital Lease Obligation : A$0.00 Mil (As of Dec. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Resolution Minerals Long-Term Capital Lease Obligation?

Resolution Minerals's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2024 was A$0.00 Mil.

Resolution Minerals's annual Long-Term Capital Lease Obligation declined from Jun. 2022 (A$0.03 Mil) to Jun. 2023 (A$0.00 Mil) but then stayed the same from Jun. 2023 (A$0.00 Mil) to Jun. 2024 (A$0.00 Mil).


Resolution Minerals Long-Term Capital Lease Obligation Historical Data

The historical data trend for Resolution 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.

Resolution Minerals Long-Term Capital Lease Obligation Chart

Resolution Minerals Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial - - 0.03 - -

Resolution Minerals Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 - - - - -

Resolution Minerals  (ASX:RML) 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.

Resolution Minerals Long-Term Capital Lease Obligation Related Terms

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


Resolution Minerals Business Description

Traded in Other Exchanges
Address
91 William Street, Level 21, Adelaide, SA, AUS, 5000
Resolution Minerals Ltd is a resource company engaged in the acquisition, exploration, and development of precious battery metals such as gold, copper, cobalt, and vanadium. Its activities include exploration for gold and nickel in Alaska (USA), battery metals in the Northern Territory and both uranium and silica sand in South Australia. The project portfolio of the company includes Wollogorang Project, 64North Project, Benmara Project, and Carrara Range Project, Northern Territory, New Energy Metal Project.

Resolution Minerals Headlines

No Headlines