Cathedra Bitcoin (TSXV:CBIT) Long-Term Capital Lease Obligation : C$0.68 Mil (As of Mar. 2025)

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What is Cathedra Bitcoin Long-Term Capital Lease Obligation?

Cathedra Bitcoin's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was C$0.68 Mil.

Cathedra Bitcoin's quarterly Long-Term Capital Lease Obligation declined from Sep. 2024 (C$1.17 Mil) to Dec. 2024 (C$0.70 Mil) and declined from Dec. 2024 (C$0.70 Mil) to Mar. 2025 (C$0.68 Mil).

Cathedra Bitcoin's annual Long-Term Capital Lease Obligation increased from . 20 (C$0.00 Mil) to Dec. 2023 (C$0.68 Mil) and increased from Dec. 2023 (C$0.68 Mil) to Dec. 2024 (C$0.70 Mil).

Cathedra Bitcoin Long-Term Capital Lease Obligation Historical Data

The historical data trend for Cathedra Bitcoin'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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Cathedra Bitcoin Long-Term Capital Lease Obligation Chart

Cathedra Bitcoin Annual Data

Trend

Dec23

Dec24

Long-Term Capital Lease Obligation

0.68

0.70

Cathedra Bitcoin Quarterly Data
	Sep23	Dec23	Mar24	Sep24	Dec24	Mar25
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial			0.68	-	1.17	0.70	0.68

Cathedra Bitcoin (TSXV:CBIT) 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.

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Cathedra Bitcoin Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Cathedra Bitcoin Inc (TSXV:CBIT) » Definitions » Long-Term Capital Lease Obligation

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Traded in Other Exchanges

CBTTF:USA FB0:Germany

Address

422 Richards Street, Unit 170, Vancouver, BC, CAN, V6B 2Z4

Website

https://www.cathedra.com

Cathedra Bitcoin Inc develops and operates high-density compute infrastructure across North America. The company hosts bitcoin mining clients across its portfolio of three data centers (30 MW total) in Tennessee and Kentucky. Additionally, Cathedra is a partner in a joint venture that is developing a 60-MW data center in North Dakota, which will also host Bitcoin miners. It also operates a fleet of proprietary bitcoin mining machines at its own and third-party data centers, producing approximately 400 PH/s of hash rate. The company is focused on expanding its portfolio of data center infrastructure for high-density computing applications, including bitcoin mining and artificial intelligence.

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