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Abcourt Mines (TSXV:ABI) Long-Term Capital Lease Obligation : C$0.02 Mil (As of Mar. 2025)


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What is Abcourt Mines Long-Term Capital Lease Obligation?

Abcourt Mines's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was C$0.02 Mil.

Abcourt Mines's quarterly Long-Term Capital Lease Obligation declined from Sep. 2024 (C$0.03 Mil) to Dec. 2024 (C$0.02 Mil) and declined from Dec. 2024 (C$0.02 Mil) to Mar. 2025 (C$0.02 Mil).

Abcourt Mines's annual Long-Term Capital Lease Obligation stayed the same from Jun. 2022 (C$0.00 Mil) to Jun. 2023 (C$0.00 Mil) but then increased from Jun. 2023 (C$0.00 Mil) to Jun. 2024 (C$0.03 Mil).


Abcourt Mines Long-Term Capital Lease Obligation Historical Data

The historical data trend for Abcourt Mines'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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Abcourt Mines Long-Term Capital Lease Obligation Chart

Abcourt Mines Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.03

Abcourt Mines Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.03 0.03 0.02 0.02

Abcourt Mines  (TSXV:ABI) 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.

Abcourt Mines Long-Term Capital Lease Obligation Related Terms

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Abcourt Mines Business Description

Industry
Traded in Other Exchanges
Address
475 de l’Eglise Avenue, Rouyn-Noranda, QC, CAN, J0Z 1Y1
Abcourt Mines Inc is engaged in the acquisition, exploration and evaluation, development, and operation of mining properties in Canada, predominantly gold. The company holds an interest in projects like the Sleeping Giant Mine, the Elder Mine and the Tagami property, Discovery, Flordin, Aldermac, Jonpol, and the Pershing-Manitou property among others.
Executives
Francois Joseph Pierre Marie Mestrallet 10% Security Holder, Director
Pascal Hamelin Director, Senior Officer
Christine Lefebvre Senior Officer
Normand Hinse Director
Loïc Bureau Director
DÉcochib 10% Security Holder
Renaud Hinse 10% Security Holder

Abcourt Mines Headlines

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