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Onyx Gold (TSXV:ONYX) Long-Term Capital Lease Obligation : C$0.00 Mil (As of Jun. 2024)


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What is Onyx Gold Long-Term Capital Lease Obligation?

Onyx Gold's Long-Term Capital Lease Obligation for the quarter that ended in Jun. 2024 was C$0.00 Mil.

Onyx Gold Long-Term Capital Lease Obligation Historical Data

The historical data trend for Onyx 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.

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Onyx Gold Long-Term Capital Lease Obligation Chart

Onyx Gold Annual Data
Trend Mar23 Mar24
Long-Term Capital Lease Obligation
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Onyx Gold Quarterly Data
Jun23 Sep23 Dec23 Mar24 Jun24
Long-Term Capital Lease Obligation - - - - -

Onyx Gold  (TSXV:ONYX) 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.

Onyx Gold Long-Term Capital Lease Obligation Related Terms

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Onyx Gold Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Onyx Gold corp (TSXV:ONYX) » Definitions » Long-Term Capital Lease Obligation
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Traded in Other Exchanges
ONXGF:USA
Address
375 Water Street, Suite 405, Vancouver, BC, CAN, V6B 5C6
Website
https://www.onyxgold.com
Onyx Gold corp is an exploration company focused on Canadian mining jurisdictions, with assets in Timmins, Ontario, and Yukon Territory. The company's portfolio of gold projects in the greater Timmins gold camp includes the Munro-Croesus Gold property, for its mineralization, plus two additional earlier-stage large exploration properties, Golden Mile and Timmins South.
Executives
Brock Macaulay Colterjohn Director, Senior Officer
Nicole Raymonde Hoeller Senior Officer
Darwin Green Director, Senior Officer