GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » American Tungsten Corp (XCNQ:TUNG) » Definitions » Long-Term Capital Lease Obligation

American Tungsten (XCNQ:TUNG) Long-Term Capital Lease Obligation : C$0.00 Mil (As of Dec. 2024)


View and export this data going back to 2023. Start your Free Trial

What is American Tungsten Long-Term Capital Lease Obligation?

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


American Tungsten Long-Term Capital Lease Obligation Historical Data

The historical data trend for American Tungsten'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.

American Tungsten Long-Term Capital Lease Obligation Chart

American Tungsten Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Long-Term Capital Lease Obligation
- - - - -

American Tungsten Quarterly Data
Dec20 Sep21 Dec21 Mar22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 - - - - -

American Tungsten  (XCNQ:TUNG) 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.

American Tungsten Long-Term Capital Lease Obligation Related Terms

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


American Tungsten Business Description

Traded in Other Exchanges
Address
1055 West Georgia Street, Suite 1500, Vancouver, BC, CAN, V6E 4N7
American Tungsten Corp is a Canadian exploration company focused on advancing high-grade magnetite mineral properties. Its flagship asset, the IMA Mine Project in Idaho, is a past-producing tungsten property with historical output. With an option to secure 100 percent ownership, American Tungsten is strategically positioned to capitalize on the growing demand for critical minerals. The company also holds the Star Project, spanning approximately 4,615.75 hectares in British Columbia's renowned Skeena Mining Division area known for rich mineral deposits.
Executives
Murray R. Nye Senior Officer
Ali Haji Senior Officer

American Tungsten Headlines