GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Top End Energy Ltd (ASX:TEE) » Definitions » Long-Term Capital Lease Obligation

Top End Energy (ASX:TEE) Long-Term Capital Lease Obligation : A$0.00 Mil (As of Dec. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Top End Energy Long-Term Capital Lease Obligation?

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


Top End Energy Long-Term Capital Lease Obligation Historical Data

The historical data trend for Top End Energy'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.

Top End Energy Long-Term Capital Lease Obligation Chart

Top End Energy Annual Data
Trend Jun22 Jun23 Jun24
Long-Term Capital Lease Obligation
- - -

Top End Energy Semi-Annual Data
Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Long-Term Capital Lease Obligation Get a 7-Day Free Trial - - - - -

Top End Energy  (ASX:TEE) 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.

Top End Energy Long-Term Capital Lease Obligation Related Terms

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


Top End Energy Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Top End Energy Ltd (ASX:TEE) » Definitions » Long-Term Capital Lease Obligation
Traded in Other Exchanges
N/A
Address
10 Outram Street, Level 2, Perth, WA, AUS, 6005
Top End Energy Ltd operates in the oil and gas industry with a focus on exploring for oil, gas and other associated, and potentially marketable, product streams in Queensland and the Northern Territory. The company's projects include Tri Star Project, NT Territory Holdco Pty Ltd, and TG Project. The Group has identified one operating segment being the exploration for natural gas in Australia.

Top End Energy Headlines

No Headlines