GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Fuerte Metals Corp (TSXV:FMT) » Definitions » Long-Term Capital Lease Obligation

Fuerte Metals (TSXV:FMT) Long-Term Capital Lease Obligation : C$0.00 Mil (As of Sep. 2024)


View and export this data going back to 2024. Start your Free Trial

What is Fuerte Metals Long-Term Capital Lease Obligation?

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

Fuerte Metals Long-Term Capital Lease Obligation Historical Data

The historical data trend for Fuerte 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.

Fuerte Metals Long-Term Capital Lease Obligation Chart

Fuerte Metals Annual Data
Trend Dec20 Dec21 Dec22
Long-Term Capital Lease Obligation
- - -

Fuerte Metals Quarterly Data
Dec20 Dec21 Sep22 Dec22 Jun23 Sep23 Jun24 Sep24
Long-Term Capital Lease Obligation Get a 7-Day Free Trial - - - - -

Fuerte Metals  (TSXV:FMT) 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.

Fuerte Metals Long-Term Capital Lease Obligation Related Terms

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

Fuerte Metals Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Fuerte Metals Corp (TSXV:FMT) » Definitions » Long-Term Capital Lease Obligation
Comparable Companies
Traded in Other Exchanges
N/A
Address
625 Howe Street, Suite 410, Vancouver, BC, CAN, V6C 2T6
Website
https://www.fuertemetals.com
Fuerte Metals Corp is a Vancouver-based resource company dentify, explore and evaluate mineral properties in Chile and elsewhere in the Americas. The Company holds mining concessions through its ownership of the El Cofre and Placeton projects in Chile. Its Placeton/Caballo Muerto copper project in Chile and the Christina and Yecora projects in Mexico.

Fuerte Metals Headlines

No Headlines