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BTRMF (Battery Mineral Resources) Long-Term Capital Lease Obligation : $0.54 Mil (As of Sep. 2024)


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What is Battery Mineral Resources Long-Term Capital Lease Obligation?

Battery Mineral Resources's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2024 was $0.54 Mil.

Battery Mineral Resources's quarterly Long-Term Capital Lease Obligation declined from Mar. 2024 ($0.69 Mil) to Jun. 2024 ($0.62 Mil) and declined from Jun. 2024 ($0.62 Mil) to Sep. 2024 ($0.54 Mil).

Battery Mineral Resources's annual Long-Term Capital Lease Obligation increased from Dec. 2021 ($0.00 Mil) to Dec. 2022 ($0.99 Mil) but then declined from Dec. 2022 ($0.99 Mil) to Dec. 2023 ($0.74 Mil).


Battery Mineral Resources Long-Term Capital Lease Obligation Historical Data

The historical data trend for Battery Mineral Resources'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.

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Battery Mineral Resources Long-Term Capital Lease Obligation Chart

Battery Mineral Resources Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
- - - 0.99 0.74

Battery Mineral Resources Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.82 0.74 0.69 0.62 0.54

Battery Mineral Resources  (OTCPK:BTRMF) 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.

Battery Mineral Resources Long-Term Capital Lease Obligation Related Terms

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Battery Mineral Resources Business Description

Traded in Other Exchanges
Address
1040 West Georgia Street, Suite 1900, Vancouver, BC, CAN, V6E 4H3
Battery Mineral Resources Corp is a multi-commodity resource company. It holds resource interests including copper, cobalt, lithium, and graphite properties. The Company operates in three segments, one segment being the acquisition and exploration of exploration and evaluations assets located in Canada, the United States, Chile, and South Korea and the second segment for the operations of ESI, located in Canada and the United States and the third segment being the corporate head office located in Canada.

Battery Mineral Resources Headlines