Sprott Physical Platinum & Palladium Tr (TSX:SPPP.U) Long-Term Capital Lease Obligation : $0.00 Mil (As of Dec. 2023)

View and export this data going back to 1990. Start your Free Trial

What is Sprott Physical Platinum & Palladium Tr Long-Term Capital Lease Obligation?

Sprott Physical Platinum & Palladium Tr's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil.

Sprott Physical Platinum & Palladium Tr Long-Term Capital Lease Obligation Historical Data

The historical data trend for Sprott Physical Platinum & Palladium Tr'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.

Sprott Physical Platinum & Palladium Tr Long-Term Capital Lease Obligation Chart

Sprott Physical Platinum & Palladium Tr Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

Sprott Physical Platinum & Palladium Tr Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															-	-	-	-	-

Sprott Physical Platinum & Palladium Tr (TSX:SPPP.U) 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.

Sprott Physical Platinum & Palladium Tr Long-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of Sprott Physical Platinum & Palladium Tr's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.

Sprott Physical Platinum & Palladium Tr (TSX:SPPP.U) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Sprott Physical Platinum & Palladium Tr (TSX:SPPP.U) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

SPPP:USA

Address

200 Bay Street, Suite 2600, South Tower, Royal Bank Plaza, Toronto, ON, CAN, M5J 2J1

Website

https://www.sprott.com

Sprott Physical Platinum & Palladium Tr invests and holds all of its assets in physical platinum and palladium bullion. It seeks to provide a secure, convenient, and exchange-traded investment alternative for investors interested in holding physical platinum and palladium bullion without the inconvenience that is typical of a direct investment in physical bullion. The Trust invests mainly in long-term holdings of unencumbered, fully allocated, physical platinum and palladium bullion.

Sprott Physical Platinum & Palladium Tr (TSX:SPPP.U) Headlines

No Headlines