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Pegasus Resources (TSXV:PEGA) Long-Term Capital Lease Obligation : C$0.00 Mil (As of Feb. 2025)


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What is Pegasus Resources Long-Term Capital Lease Obligation?

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


Pegasus Resources Long-Term Capital Lease Obligation Historical Data

The historical data trend for Pegasus Resources'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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Pegasus Resources Long-Term Capital Lease Obligation Chart

Pegasus Resources Annual Data
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Long-Term Capital Lease Obligation
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Pegasus Resources Quarterly Data
May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25
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Pegasus Resources  (TSXV:PEGA) 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.

Pegasus Resources Long-Term Capital Lease Obligation Related Terms

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Pegasus Resources Business Description

Traded in Other Exchanges
Address
838 West Hastings Street, Suite 700, Vancouver, BC, CAN, V6C 0A6
Pegasus Resources Inc is a diversified Junior Canadian Mineral Exploration Company with a focus on uranium, gold, and base metal properties in North America. The Company is also actively pursuing the right opportunity in other resources to enhance shareholder value. The Company operates in a single reportable operating segment being: acquisition, exploration and development of mineral properties are in North America.
Executives
Christian Timmins Senior Officer
Noah Komavli Director
Lorne Mccarthy Director