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PUBC (PureBase) Long-Term Capital Lease Obligation : $0.00 Mil (As of Feb. 2025)


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What is PureBase Long-Term Capital Lease Obligation?

PureBase's Long-Term Capital Lease Obligation for the quarter that ended in Feb. 2025 was $0.00 Mil.

PureBase's annual Long-Term Capital Lease Obligation declined from Nov. 2022 ($0.04 Mil) to Nov. 2023 ($0.00 Mil) but then stayed the same from Nov. 2023 ($0.00 Mil) to Nov. 2024 ($0.00 Mil).


PureBase Long-Term Capital Lease Obligation Historical Data

The historical data trend for PureBase'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.

PureBase Long-Term Capital Lease Obligation Chart

PureBase Annual Data
Trend Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.04 - -

PureBase Quarterly Data
May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25
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 - - - - -

PureBase  (OTCPK:PUBC) 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.

PureBase Long-Term Capital Lease Obligation Related Terms

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PureBase Business Description

Industry
Traded in Other Exchanges
N/A
Address
8631 State Highway, 124 lone, Ione, CA, USA, 95640
PureBase Corp, through its subsidiaries, operates as an industrial mineral and natural resource company that provides solutions to the agriculture and construction materials markets in the United States. The company develops specialized fertilizers, sun protectants, soil amendments, and bio-stimulants for organic and non-organic sustainable agriculture. It also focuses on exploration and development of mineral properties and holds ownership rights for the Ione and the Snow White Pozzolan Mine in California. The company generates all of its revenue from the sale of its agricultural products.
Executives
Bradford Charles Barto director 2461 CRESTVIEW DRIVE, NEWPORT BEACH CA 92663
Jeffrey J Guzy director 3130 19TH STREET, NORTH, ARLINGTON VA 22201
Kimberly Erin Kurtis director 805 ADAIR AVE NE, ATLANTA GA 30306
Craig C Barto 10 percent owner 14761 BENTLEY CIRCLE, TUSTIN CA 92680
Michael Joseph Fay officer: Chief Financial Officer 39270 PASEO PADRE PKWY, #459, FREMONT CA 94538
John A Bremer director, 10 percent owner 10490 DAWSON CANYON ROAD, CORONA CA 92883
David Earl Jenkins director 1110 W. MARLETTE STREET, IONE CA 95640
Thomas Michael Swett director 3125 PETTY LANE, CARMICHAEL CA 95608
A Scott Dockter director, 10 percent owner, officer: CEO 3090 BOEING ROAD, CAMERON PARK CA 95682
Alfred Joseph Calvanico officer: CFO 8625 HIGHWAY 124, PO BOX 757, IONE CA 95640
Amy Clemens officer: CFO & Secretary 1670 SIERRA AVENUE, STE. 402, YUBA CITY CA 95993
Calvin Lim director 6580 HAVEN SIDE DRIVE, SACRAMENTO CA 95831
John Gingerich director 237 WEDGEWOOD DRIVE, WOODSTOCK A6 N4T 0J1
Bay Street Capital Corp 10 percent owner SEA MEADOW HOUSE, BLACKBURNE HIGHWAY, PO BOX 116, ROAD TOWN, TORTOLA D8 00000