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PureWave Hydrogen (TSXV:PWH) Long-Term Capital Lease Obligation : C$0.00 Mil (As of Feb. 2025)


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What is PureWave Hydrogen Long-Term Capital Lease Obligation?

PureWave Hydrogen's Long-Term Capital Lease Obligation for the quarter that ended in Feb. 2025 was C$0.00 Mil.


PureWave Hydrogen Long-Term Capital Lease Obligation Historical Data

The historical data trend for PureWave Hydrogen'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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PureWave Hydrogen Long-Term Capital Lease Obligation Chart

PureWave Hydrogen Annual Data
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PureWave Hydrogen Quarterly Data
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PureWave Hydrogen  (TSXV:PWH) 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.

PureWave Hydrogen Long-Term Capital Lease Obligation Related Terms

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PureWave Hydrogen Business Description

Industry
Traded in Other Exchanges
Address
1122 Mainland Street, No. 228, Vancouver, BC, CAN, V6B 5L1
PureWave Hydrogen Corp is a Colorado-based company that discovered and developed white (natural) hydrogen resources across North America. White hydrogen is a clean form that does not require energy-intensive processes. It is a clean and renewable energy source produced from geologic processes, offering a sustainable alternative without emitting greenhouse gases or pollutants. It holds immense potential for powering vehicles, generating electricity, and producing chemicals.

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