GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Riverside Resources Inc (TSXV:RRI) » Definitions » Long-Term Capital Lease Obligation

Riverside Resources (TSXV:RRI) Long-Term Capital Lease Obligation : C$0.00 Mil (As of Dec. 2024)


View and export this data going back to 2007. Start your Free Trial

What is Riverside Resources Long-Term Capital Lease Obligation?

Riverside Resources's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2024 was C$0.00 Mil.


Riverside Resources Long-Term Capital Lease Obligation Historical Data

The historical data trend for Riverside 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.

* Premium members only.

Riverside Resources Long-Term Capital Lease Obligation Chart

Riverside Resources Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Riverside Resources Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Sep24 Dec24
Long-Term Capital Lease Obligation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Riverside Resources  (TSXV:RRI) 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.

Riverside Resources Long-Term Capital Lease Obligation Related Terms

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


Riverside Resources Business Description

Traded in Other Exchanges
Address
800 West Pender Street, Suite 550, Vancouver, BC, CAN, V6C 2V6
Riverside Resources Inc is a mineral exploration and evaluation company engaged in the acquisition, exploration and evaluation of assets in the Americas including Canada, the United States and Mexico. The company's project profile includes Ariel Project, Cecilia Gold-Silver Project, La Union Project, Tajitos Gold Project, Los Cuarentas Gold-Silver Project, La Silla Gold-Silver Project, and Canadian Projects.
Executives
James Ladner Director
John-mark Gardner Staude Senior Officer
Brian John Groves Director
Carol Elizabeth Ellis Director
Robert James Scott Senior Officer
Freeman Smith Senior Officer
Walter Henry Director

Riverside Resources Headlines

No Headlines