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Rupert Resources (TSX:RUP) Long-Term Capital Lease Obligation : C$0.00 Mil (As of May. 2024)


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What is Rupert Resources Long-Term Capital Lease Obligation?

Rupert Resources's Long-Term Capital Lease Obligation for the quarter that ended in May. 2024 was C$0.00 Mil.

Rupert Resources's annual Long-Term Capital Lease Obligation declined from Feb. 2022 (C$0.12 Mil) to Feb. 2023 (C$0.05 Mil) and declined from Feb. 2023 (C$0.05 Mil) to Feb. 2024 (C$0.00 Mil).


Rupert Resources Long-Term Capital Lease Obligation Historical Data

The historical data trend for Rupert Resources'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.

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Rupert Resources Long-Term Capital Lease Obligation Chart

Rupert Resources Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.12 0.05 -

Rupert Resources Quarterly Data
Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24
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 0.02 - - -

Rupert Resources  (TSX:RUP) 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.

Rupert Resources Long-Term Capital Lease Obligation Related Terms

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Rupert Resources Business Description

Traded in Other Exchanges
Address
82 Richmond Street East, Suite 203, The Canadian Venture Building, Toronto, ON, CAN, M5C 1P1
Rupert Resources Ltd is engaged in the acquisition and exploration of mineral properties in Finland. The company owns the Pahtavaara gold mine, mill and exploration permits and concessions, including the Ikkari prospect, all located in the central Lapland greenstone belt in Northern Finland. Its other project includes Hirsikangas. It operates in one reportable operating segment, being the acquisition and exploration of mineral properties in Finland.
Executives
William Albert Washington Director

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