CHCX (CTGX Mining) Long-Term Capital Lease Obligation : $0.00 Mil (As of Jan. 2005)

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

What is CTGX Mining Long-Term Capital Lease Obligation?

CTGX Mining's Long-Term Capital Lease Obligation for the quarter that ended in Jan. 2005 was $0.00 Mil.

CTGX Mining Long-Term Capital Lease Obligation Historical Data

The historical data trend for CTGX Mining'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.

CTGX Mining Long-Term Capital Lease Obligation Chart

CTGX Mining Annual Data

Trend

Mar03

Long-Term Capital Lease Obligation

CTGX Mining Quarterly Data
	Jun03	Sep03	Dec03	Mar04	Jul04	Oct04	Jan05
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial			-	-	-	-	-

CTGX Mining (OTCPK:CHCX) 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.

CTGX Mining Long-Term Capital Lease Obligation Related Terms

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

CTGX Mining Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » CTGX Mining Inc (OTCPK:CHCX) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

1015 G Waterwood Parkway, Suite O-2, Edmund, OK, USA, 73034

Website

http://www.ctgxmining.com

CTGX Mining Inc is an international, environmentally sensitive, minerals and resource development company. It holds mining interests in both Mexico and Columbia focused on a large reserve of rare earth elements, gold, silver lithium and other valuable ores.

Executives

Matthew Cohen

director, officer: CEO and Chairman of the Board

1702 COSTA DEL SOL, BOCA RATON FL 33432

CTGX Mining Headlines

No Headlines