Asante Gold (XCNQ:ASE) Long-Term Capital Lease Obligation : C$0.0 Mil (As of Jan. 2025)

View and export this data going back to 2012. Start your Free Trial

What is Asante Gold Long-Term Capital Lease Obligation?

Asante Gold's Long-Term Capital Lease Obligation for the quarter that ended in Jan. 2025 was C$0.0 Mil.

Asante Gold Long-Term Capital Lease Obligation Historical Data

The historical data trend for Asante 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.

* Premium members only.

Asante Gold Long-Term Capital Lease Obligation Chart

Asante Gold Annual Data

Trend

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Jan25

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

Asante Gold Quarterly Data
	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24	Jan25
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															-	-	-	-	-

Asante Gold (XCNQ:ASE) 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.

Asante Gold Long-Term Capital Lease Obligation Related Terms

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

Asante Gold Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Asante Gold Corp (XCNQ:ASE) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

ASGOF:USA 1A9:Germany

Address

800 West Pender Street, Suite 615, Vancouver, BC, CAN, V6C 2V6

Website

https://www.asantegold.com

Asante Gold Corp is an exploration-stage company. It plans to capitalize on the gold-rich and growing mining environment by continuing to build assets through exploration, development, and acquisitions. The company is involved in the exploration and evaluation of mineral properties in Ghana, West Africa. The group portfolio consists of various projects namely Fahiakoba, Betanase, Keyhole, and Kubi and it generally explores gold deposits. The company has two reportable operating segments: the Bibiani Gold Mine and the Chirano Gold Mine.: the Bibiani Gold Mine and the Chirano Gold Mine in the Republic of Ghana (Ghana). Key revenue is generated from Chirano.

Executives

Malik Mohammed Easah	Director
David Harold Anthony	Senior Officer
Eben Swanepoel	Senior Officer
Alexandre Nicolas Heath	Director
Douglas Richard Macquarrie	Director
Goknet Mining Company Limited	10% Security Holder
Florian Riedl-riedenstein	Director

Asante Gold Headlines

No Headlines