GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » New Energy Metals Corp (OTCPK:NRGYF) » Definitions » Long-Term Capital Lease Obligation

NRGYF (New Energy Metals) Long-Term Capital Lease Obligation : $0.00 Mil (As of Sep. 2024)


View and export this data going back to 2018. Start your Free Trial

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

New Energy Metals's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2024 was $0.00 Mil.


New Energy Metals Long-Term Capital Lease Obligation Historical Data

The historical data trend for New 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.

* Premium members only.

New Energy Metals Long-Term Capital Lease Obligation Chart

New Energy Metals Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial - - - - -

New Energy Metals 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 - - - - -

New Energy Metals  (OTCPK:NRGYF) 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.

New Energy Metals Long-Term Capital Lease Obligation Related Terms

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


New Energy Metals Business Description

Traded in Other Exchanges
Address
885 W Georgia Street, Suite 2200, Vancouver, BC, CAN, V6C 3E8
New Energy Metals Corp is a mining company. Principally it is engaged in the business of acquisition, exploration, and development of mineral resource properties. The company is focused on the development of the Cristal Copper project located in northernmost Chile, adjacent to the Peruvian border. The company's project includes Atikokan Lithium Property, Roslyn Lithium Property and Troitsa Copper Property.

New Energy Metals Headlines

From GuruFocus