Montage Gold (TSXV:MAU) Long-Term Capital Lease Obligation : C$0.10 Mil (As of Mar. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Montage Gold Long-Term Capital Lease Obligation?

Montage Gold's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$0.10 Mil.

Montage Gold's quarterly Long-Term Capital Lease Obligation increased from Sep. 2023 (C$0.00 Mil) to Dec. 2023 (C$0.10 Mil) but then stayed the same from Dec. 2023 (C$0.10 Mil) to Mar. 2024 (C$0.10 Mil).

Montage Gold's annual Long-Term Capital Lease Obligation stayed the same from Dec. 2021 (C$0.00 Mil) to Dec. 2022 (C$0.00 Mil) but then increased from Dec. 2022 (C$0.00 Mil) to Dec. 2023 (C$0.10 Mil).

Montage Gold Long-Term Capital Lease Obligation Historical Data

The historical data trend for Montage Gold'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.

Montage Gold Long-Term Capital Lease Obligation Chart

Montage Gold Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

0.10

Montage Gold Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial														-	-	-	0.10	0.10

Montage Gold (TSXV:MAU) 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.

Montage Gold Long-Term Capital Lease Obligation Related Terms

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

Montage Gold (TSXV:MAU) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

MAUTF:USA

Address

885 West Georgia Street, Suite 2000, Vancouver, BC, CAN, V6C 3E8

Website

https://www.montagegoldcorp.com

Montage Gold Corp is a mineral exploration and development company. It is engaged in the acquisition, exploration and development of mineral properties in Africa. The company's mineral properties are located in Cote d'Ivoire where it owns four permits and nine permit applications. Its projects include the Morondo Gold Project, the Korokaha Gold Project, and the Bobosso Gold Project.

Executives

Kevin John Ross

Senior Officer

Montage Gold (TSXV:MAU) Headlines

No Headlines