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GBLEF (Global Energy Metals) Long-Term Capital Lease Obligation : $0.00 Mil (As of Mar. 2025)


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What is Global Energy Metals Long-Term Capital Lease Obligation?

Global Energy Metals's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was $0.00 Mil.


Global Energy Metals Long-Term Capital Lease Obligation Historical Data

The historical data trend for Global Energy Metals'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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Global Energy Metals Long-Term Capital Lease Obligation Chart

Global Energy Metals Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only 0.06 0.03 - - -

Global Energy Metals Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 - - - - -

Global Energy Metals  (OTCPK:GBLEF) 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.

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Global Energy Metals Business Description

Traded in Other Exchanges
Address
128 West Pender Street, Suite 1501, Vancouver, BC, CAN, V6B 1R8
Global Energy Metals Corp offers investment exposure to the growing rechargeable battery and electric vehicle market by building a diversified portfolio of exploration and growth-stage cobalt assets. The company is a cobalt explorer and developer in the famed Mount Is a mining district in Queensland, Australia through the advancement of the Millennium Cobalt Project. Its other projects include Werner Lake Cobalt Project and Lovelock Mine, Rana Project, Monument PK, & Treasure Box Projects.