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Centurion Minerals (TSXV:CTN) Long-Term Capital Lease Obligation : C$0.13 Mil (As of Jan. 2025)


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What is Centurion Minerals Long-Term Capital Lease Obligation?

Centurion Minerals's Long-Term Capital Lease Obligation for the quarter that ended in Jan. 2025 was C$0.13 Mil.

Centurion Minerals's quarterly Long-Term Capital Lease Obligation stayed the same from Jul. 2024 (C$0.13 Mil) to Oct. 2024 (C$0.13 Mil) and stayed the same from Oct. 2024 (C$0.13 Mil) to Jan. 2025 (C$0.13 Mil).

Centurion Minerals's annual Long-Term Capital Lease Obligation declined from Jul. 2022 (C$0.06 Mil) to Jul. 2023 (C$0.00 Mil) but then increased from Jul. 2023 (C$0.00 Mil) to Jul. 2024 (C$0.13 Mil).


Centurion Minerals Long-Term Capital Lease Obligation Historical Data

The historical data trend for Centurion Minerals'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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Centurion Minerals Long-Term Capital Lease Obligation Chart

Centurion Minerals 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 - 0.14 0.06 - 0.13

Centurion Minerals Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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 - - 0.13 0.13 0.13

Centurion Minerals  (TSXV:CTN) 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.

Centurion Minerals Long-Term Capital Lease Obligation Related Terms

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Centurion Minerals Business Description

Traded in Other Exchanges
Address
470 Granville Street, Suite 520, Vancouver, BC, CAN, V6C 1V5
Centurion Minerals Ltd is engaged in the business of acquisition and exploration of mineral properties. The company has its operations in two geographic areas including Canada and Argentina. The company's Casa Berardi West Gold Project comprises three properties (Newman, Noseworthy, and Hepburn) located in the Abitibi Greenstone Belt.
Executives
Jeremy Christopher Wright Director, Senior Officer
Joseph Del Campo Director

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