Altura Energy (TSXV:ALTU) Long-Term Capital Lease Obligation : C$0.00 Mil (As of Dec. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Altura Energy Long-Term Capital Lease Obligation?

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

Altura Energy Long-Term Capital Lease Obligation Historical Data

The historical data trend for Altura Energy'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.

Altura Energy Long-Term Capital Lease Obligation Chart

Altura Energy Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Long-Term Capital Lease Obligation

Altura Energy Quarterly Data
	Dec19	Mar20	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															-	-	-	-	-

Altura Energy (TSXV:ALTU) 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.

Altura Energy Long-Term Capital Lease Obligation Related Terms

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

Altura Energy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Altura Energy Corp (TSXV:ALTU) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

TTLHD:USA

Address

595 Burrard Street, P.O. Box 49139, Suite 3123, Vancouver, BC, CAN, V7X 1J1

Website

https://www.alturaenergy.ca

Altura Energy Corp, formerly Total Helium Ltd is engaged in exploring its helium properties. The company holds helium leases over land in Kansas and Colorado in the United States. The company generates revenue from helium and methane gas sales from the Helisium Project and Pinta South Project. helium exploration, production and storage solutions.