KFFLF (KEFI Gold and Copper) Long-Term Capital Lease Obligation : $0.00 Mil (As of Jun. 2024)

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What is KEFI Gold and Copper Long-Term Capital Lease Obligation?

KEFI Gold and Copper's Long-Term Capital Lease Obligation for the quarter that ended in Jun. 2024 was $0.00 Mil.

KEFI Gold and Copper Long-Term Capital Lease Obligation Historical Data

The historical data trend for KEFI Gold and Copper'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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KEFI Gold and Copper Long-Term Capital Lease Obligation Chart

KEFI Gold and Copper Annual Data

Trend

Dec14

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Dec23

Long-Term Capital Lease Obligation

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KEFI Gold and Copper Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															-	-	-	-	-

KEFI Gold and Copper (OTCPK:KFFLF) 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.

KEFI Gold and Copper Long-Term Capital Lease Obligation Related Terms

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KEFI Gold and Copper Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » KEFI Gold and Copper PLC (OTCPK:KFFLF) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

KEFI:UK KMSA:Germany

Address

2 Ayiou Pavlou and Kadmou Street, Wisdom Tower, 1st Floor, Nicosia, CYP, 1105

Website

https://www.kefi-minerals.com

KEFI Gold and Copper PLC is an exploration and development company with a focus on gold and copper. Its principal activities include the exploration of mineral deposits of precious base metals and other minerals that are capable of commercial exploitation, including topographical, geological, geochemical, and geophysical studies and exploratory drilling. It focuses on the Arabian-Nubian Shield and operates through the Mineral Exploration and Corporate segments. It has operations in Saudi Arabia, Ethiopia, Cyprus, Turkey, and Bulgaria. Its projects include the Tulu Kapi project, Jibal Qutman EL, and Hawiah EL.

KEFI Gold and Copper Headlines

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KEFI Gold and Copper (KEFI): Hawiah Developing Rapidly Behind Tulu Kapi

By ACCESSWIRE ACCESSWIRE • 03-18-2022