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Nevada Sunrise Metals (TSXV:NEV) Long-Term Capital Lease Obligation : C$0.00 Mil (As of Mar. 2025)


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What is Nevada Sunrise Metals Long-Term Capital Lease Obligation?

Nevada Sunrise Metals's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was C$0.00 Mil.


Nevada Sunrise Metals Long-Term Capital Lease Obligation Historical Data

The historical data trend for Nevada Sunrise 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.

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Nevada Sunrise Metals Long-Term Capital Lease Obligation Chart

Nevada Sunrise Metals Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Long-Term Capital Lease Obligation
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Nevada Sunrise Metals Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24 Dec24 Mar25
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Nevada Sunrise Metals  (TSXV:NEV) 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.

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Nevada Sunrise Metals Business Description

Traded in Other Exchanges
Address
1199 West Pender Street, Suite 408, Vancouver, BC, CAN, V6E 2R1
Nevada Sunrise Metals Corp is engaged in the acquisition, exploration and evaluation of its mineral property assets located in the State of Nevada, the United States of America. Some of its projects include Gemini, Badlands, Jackson Wash, Coronado and Pelican.
Executives
Warren William Stanyer Director, Senior Officer
Jonathan Ryan Mun Kern Fung Senior Officer
Michael Sweatman Director

Nevada Sunrise Metals Headlines

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