GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Osceola Gold Inc (OTCPK:OSCI) » Definitions » Long-Term Capital Lease Obligation

Osceola Gold (Osceola Gold) Long-Term Capital Lease Obligation : $0.00 Mil (As of Sep. 2023)


View and export this data going back to 2010. Start your Free Trial

What is Osceola Gold Long-Term Capital Lease Obligation?

Osceola Gold's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil.

Osceola Gold's annual Long-Term Capital Lease Obligation declined from Dec. 2011 ($0.10 Mil) to Dec. 2021 ($0.00 Mil) but then stayed the same from Dec. 2021 ($0.00 Mil) to Dec. 2022 ($0.00 Mil).


Osceola Gold Long-Term Capital Lease Obligation Historical Data

The historical data trend for Osceola Gold'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.

Osceola Gold Long-Term Capital Lease Obligation Chart

Osceola Gold Annual Data
Trend Dec09 Dec10 Dec11 Dec21 Dec22
Long-Term Capital Lease Obligation
- 0.02 0.10 - -

Osceola Gold Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Dec21 Dec22 Mar23 Jun23 Sep23
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 - - - - -

Osceola Gold  (OTCPK:OSCI) 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.

Osceola Gold Long-Term Capital Lease Obligation Related Terms

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


Osceola Gold (Osceola Gold) Business Description

Industry
Traded in Other Exchanges
N/A
Address
203 Three Springs Drive, Suite No. 3, Weirton, WV, USA, 26062
Osceola Gold Inc is engaged in gold mining activities in Osceola mining district in Mary Ann canyon in Nevada.