GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Chatham Rock Phosphate Ltd (NZSE:CRP) » Definitions » Long-Term Capital Lease Obligation

Chatham Rock Phosphate (NZSE:CRP) Long-Term Capital Lease Obligation : NZ$0.01 Mil (As of Dec. 2024)


View and export this data going back to 2006. Start your Free Trial

What is Chatham Rock Phosphate Long-Term Capital Lease Obligation?

Chatham Rock Phosphate's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2024 was NZ$0.01 Mil.

Chatham Rock Phosphate's quarterly Long-Term Capital Lease Obligation declined from Jun. 2024 (NZ$0.03 Mil) to Sep. 2024 (NZ$0.02 Mil) and declined from Sep. 2024 (NZ$0.02 Mil) to Dec. 2024 (NZ$0.01 Mil).

Chatham Rock Phosphate's annual Long-Term Capital Lease Obligation increased from Mar. 2022 (NZ$0.00 Mil) to Mar. 2023 (NZ$0.07 Mil) but then declined from Mar. 2023 (NZ$0.07 Mil) to Mar. 2024 (NZ$0.04 Mil).


Chatham Rock Phosphate Long-Term Capital Lease Obligation Historical Data

The historical data trend for Chatham Rock Phosphate'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.

Chatham Rock Phosphate Long-Term Capital Lease Obligation Chart

Chatham Rock Phosphate Annual Data
Trend Dec14 Dec15 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.07 0.04

Chatham Rock Phosphate Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.04 0.04 0.03 0.02 0.01

Chatham Rock Phosphate  (NZSE:CRP) 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.

Chatham Rock Phosphate Long-Term Capital Lease Obligation Related Terms

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


Chatham Rock Phosphate Business Description

Traded in Other Exchanges
Address
93 The Terrace, Level 1, Wellington, NZL, 6011
Chatham Rock Phosphate Ltd operates as a mineral exploration company. It is engaged in the development and exploration of the Chatham Rise rock phosphate deposit offshore in New Zealand. Further, it holds a mining permit over an area off the coast of New Zealand with seabed deposits of rock phosphate and other potentially valuable minerals.

Chatham Rock Phosphate Headlines

No Headlines