Founders Metals (TSXV:FDR) Long-Term Capital Lease Obligation : C$0.00 Mil (As of Aug. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Founders Metals Long-Term Capital Lease Obligation?

Founders Metals's Long-Term Capital Lease Obligation for the quarter that ended in Aug. 2024 was C$0.00 Mil.

Founders Metals Long-Term Capital Lease Obligation Historical Data

The historical data trend for Founders Metals'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.

Founders Metals Long-Term Capital Lease Obligation Chart

Founders Metals Annual Data

Trend

Aug06

Aug07

Aug08

Aug09

Aug19

Aug20

Aug21

Aug22

Aug23

Aug24

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

Founders Metals Quarterly Data
	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															-	-	-	-	-

Founders Metals (TSXV:FDR) 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.

Founders Metals Long-Term Capital Lease Obligation Related Terms

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

Founders Metals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Founders Metals Inc (TSXV:FDR) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

FDMIF:USA 9DL0:Germany 9DL0:Germany

Address

1111 West Hastings Street, Suite 780, Vancouver, BC, CAN, V6E 2J3

Website

https://www.fdrmetals.com

Founders Metals Inc is a mineral exploration company specializing in acquiring and developing mineral resource assets. The Company's principal business is to explore and develop the gold and mineral exploration Antino Gold Project and Elmtree Gold Project.

Executives

Kevin Andrew Vienneau	Director
Pascal Voegeli	Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Colin Padget	Director, Senior Officer
Roy Bonnell	10% Security Holder, Director
Justin Bourassa	Senior Officer

Founders Metals Headlines

No Headlines