California Nanotechnologies (TSXV:CNO) Long-Term Capital Lease Obligation : C$0.29 Mil (As of Nov. 2023)

View and export this data going back to 2004. Start your Free Trial

What is California Nanotechnologies Long-Term Capital Lease Obligation?

California Nanotechnologies's Long-Term Capital Lease Obligation for the quarter that ended in Nov. 2023 was C$0.29 Mil.

California Nanotechnologies's quarterly Long-Term Capital Lease Obligation declined from May. 2023 (C$0.30 Mil) to Aug. 2023 (C$0.29 Mil) and declined from Aug. 2023 (C$0.29 Mil) to Nov. 2023 (C$0.29 Mil).

California Nanotechnologies's annual Long-Term Capital Lease Obligation increased from Feb. 2021 (C$0.00 Mil) to Feb. 2022 (C$0.32 Mil) but then declined from Feb. 2022 (C$0.32 Mil) to Feb. 2023 (C$0.31 Mil).

California Nanotechnologies Long-Term Capital Lease Obligation Historical Data

The historical data trend for California Nanotechnologies'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.

California Nanotechnologies Long-Term Capital Lease Obligation Chart

California Nanotechnologies Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

0.32

0.31

California Nanotechnologies Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															0.32	0.31	0.30	0.29	0.29

California Nanotechnologies (TSXV:CNO) 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.

California Nanotechnologies Long-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of California Nanotechnologies's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.

California Nanotechnologies (TSXV:CNO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » California Nanotechnologies Corp (TSXV:CNO) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

CANOF:USA

Address

900, 517 - 10th Avenue S.W., Calgary, AB, CAN, T2R 0A8

Website

https://www.calnanocorp.com

California Nanotechnologies Corp engages in the production, and research and development of nanostructured components and materials. Its products include precision forged components, thermal spray powders, nano light alloy powders, nanoalloy billets, nano superalloy powders, cemented carbides, and tooling. The company products are used in Aerospace, Defense, Automotive, Medical, and Sport and Recreation industries.