GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Mexus Gold US (OTCPK:MXSG) » Definitions » Long-Term Capital Lease Obligation

Mexus Gold US (Mexus Gold US) Long-Term Capital Lease Obligation : $0.00 Mil (As of Dec. 2022)


View and export this data going back to 2007. Start your Free Trial

What is Mexus Gold US Long-Term Capital Lease Obligation?

Mexus Gold US's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2022 was $0.00 Mil.


Mexus Gold US Long-Term Capital Lease Obligation Historical Data

The historical data trend for Mexus Gold US'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.

Mexus Gold US Long-Term Capital Lease Obligation Chart

Mexus Gold US Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Mexus Gold US Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 - - - - -

Mexus Gold US  (OTCPK:MXSG) 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.

Mexus Gold US Long-Term Capital Lease Obligation Related Terms

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


Mexus Gold US (Mexus Gold US) Business Description

Industry
Traded in Other Exchanges
N/A
Address
1805 N. Carson Street, Suite 150, Carson, NV, USA, 89701
Mexus Gold US is an exploration stage mining company. The company engages in the evaluation, acquisition, exploration, and advancement of gold, silver, and copper projects in the state of Sonora, Mexico. Its properties include Santa Elena Mine, Ures Property, San Felix Mine, and Sonora.
Executives
Paul Dwight Thompson director, 10 percent owner, officer: CEO, CFO, Secretary PO BOX 1036, WALNUT GROVE CA 95690
Gold Us Mexus director, 10 percent owner, officer: CEO, CFO, Secretary 1805 N. CARSON STREET, #150, CARSON CITY NV 89701
Susie L Johnson director, officer: President, CFO, Secretary 9337 STARGAZE, SAN DIEGO CA 92129
Phillip Eugene Koehnke director, 10 percent owner, officer: President, secretary, CFO PO BOX 235472, ENCINITAS CA 92024

Mexus Gold US (Mexus Gold US) Headlines

From GuruFocus

Mexus Increasing Gold Production Capacity at Santa Elena Mine

By Marketwired Marketwired 01-04-2021

Mexus Sells Gold From Production At Its Santa Elena Mine

By ACCESSWIRE ACCESSWIRE 09-13-2021

Mexus Sales Gold Produced From Revamped Heap Leach Pad

By Marketwired Marketwired 12-21-2020

Mexus Gold Production At Its Santa Elena Mine Improving

By Marketwired Marketwired 06-14-2021

Mexus Seeks A Joint Venture Partner For Multiple Properties

By ACCESSWIRE ACCESSWIRE 04-04-2022

Mexus Prepares To Ship Additional Gold Laden Carbon

By ACCESSWIRE ACCESSWIRE 11-22-2021

Mexus Performs Successful Blast At Its Santa Elena Mine

By Marketwired Marketwired 05-03-2021

Mexus Provides Year End Update

By ACCESSWIRE ACCESSWIRE 12-19-2022

Mexus Working Towards Agreement With Large Mining Company

By Marketwired Marketwired 05-24-2021