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Base Carbon (Base Carbon) Long-Term Capital Lease Obligation : $0.10 Mil (As of Mar. 2024)


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What is Base Carbon Long-Term Capital Lease Obligation?

Base Carbon's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.10 Mil.

Base Carbon's quarterly Long-Term Capital Lease Obligation increased from Sep. 2023 ($0.00 Mil) to Dec. 2023 ($0.11 Mil) but then declined from Dec. 2023 ($0.11 Mil) to Mar. 2024 ($0.10 Mil).

Base Carbon's annual Long-Term Capital Lease Obligation stayed the same from Dec. 2021 ($0.00 Mil) to Dec. 2022 ($0.00 Mil) but then increased from Dec. 2022 ($0.00 Mil) to Dec. 2023 ($0.11 Mil).


Base Carbon Long-Term Capital Lease Obligation Historical Data

The historical data trend for Base Carbon'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.

Base Carbon Long-Term Capital Lease Obligation Chart

Base Carbon Annual Data
Trend Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
- - 0.11

Base Carbon Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Long-Term Capital Lease Obligation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - - - 0.11 0.10

Base Carbon  (OTCPK:BCBNF) 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.

Base Carbon Long-Term Capital Lease Obligation Related Terms

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Base Carbon (Base Carbon) Business Description

Traded in Other Exchanges
Address
902 - 18 King Street East, Toronto, ON, CAN, M5C 1C4
Base Carbon Inc is engaged in the exploration and development of mineral properties in Canada.

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