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Colonial Coal International (TSXV:CAD) Long-Term Capital Lease Obligation : C$0.02 Mil (As of Apr. 2025)


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What is Colonial Coal International Long-Term Capital Lease Obligation?

Colonial Coal International's Long-Term Capital Lease Obligation for the quarter that ended in Apr. 2025 was C$0.02 Mil.

Colonial Coal International's quarterly Long-Term Capital Lease Obligation declined from Oct. 2024 (C$0.04 Mil) to Jan. 2025 (C$0.03 Mil) and declined from Jan. 2025 (C$0.03 Mil) to Apr. 2025 (C$0.02 Mil).

Colonial Coal International's annual Long-Term Capital Lease Obligation increased from Jul. 2022 (C$0.00 Mil) to Jul. 2023 (C$0.00 Mil) but then declined from Jul. 2023 (C$0.00 Mil) to Jul. 2024 (C$0.00 Mil).


Colonial Coal International Long-Term Capital Lease Obligation Historical Data

The historical data trend for Colonial Coal International'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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Colonial Coal International Long-Term Capital Lease Obligation Chart

Colonial Coal International Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.01 - - -

Colonial Coal International Quarterly Data
Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25
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 0.02

Colonial Coal International  (TSXV:CAD) 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.

Colonial Coal International Long-Term Capital Lease Obligation Related Terms

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Colonial Coal International Business Description

Traded in Other Exchanges
Address
595 Howe Street, Suite 200, Vancouver, BC, CAN, V6C 2T5
Colonial Coal International Corp is a pure-play metallurgical coal development company. Principally, it is engaged in the acquisition, exploration, and development of coal properties located in Canada. Its projects include the Flatbed Project and the Huguenot Project located within the Peace River Coalfield of British Columbia. The company is also pursuing the acquisition of Watson Island, located just outside of Prince Rupert, British Columbia, for the purpose of developing a seaport terminal and supporting an industrial park.
Executives
Rosseau Asset Management Ltd. 10% Security Holder
David Emri 10% Security Holder

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