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Draganfly (XCNQ:DPRO) Long-Term Capital Lease Obligation : C$0.23 Mil (As of Mar. 2025)


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What is Draganfly Long-Term Capital Lease Obligation?

Draganfly's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was C$0.23 Mil.

Draganfly's quarterly Long-Term Capital Lease Obligation declined from Sep. 2024 (C$0.31 Mil) to Dec. 2024 (C$0.27 Mil) and declined from Dec. 2024 (C$0.27 Mil) to Mar. 2025 (C$0.23 Mil).

Draganfly's annual Long-Term Capital Lease Obligation increased from Dec. 2022 (C$0.25 Mil) to Dec. 2023 (C$0.43 Mil) but then declined from Dec. 2023 (C$0.43 Mil) to Dec. 2024 (C$0.27 Mil).


Draganfly Long-Term Capital Lease Obligation Historical Data

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

Draganfly Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial 0.07 0.38 0.25 0.43 0.27

Draganfly Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.39 0.35 0.31 0.27 0.23

Draganfly  (XCNQ:DPRO) 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.

Draganfly Long-Term Capital Lease Obligation Related Terms

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Draganfly Business Description

Industry
Traded in Other Exchanges
Address
235 103rd Street East, Saskatoon, SK, CAN, S7N 1Y8
Draganfly Inc is a Canada based company. It is engaged in the provision of engineering services and the manufacture of commercial unmanned vehicle systems and software. The company operates in Canada, the United States, and Internationally. The three segments are Drones, Vital (Vital Intelligence), and Corporate. The Drones segment derives its revenue from products and services related to the sale of unmanned aerial vehicles (UAV). The Vital segment derives its revenue from the sale of products that measure vitals to help detect symptoms from large groups of people from a distance. The Corporate segment includes all costs not directly associated with the Drone and Vital segments. It generates majority of its revenue from Drones segment.
Executives
Cameron Chell Director
Deborah R. Greenberg Senior Officer
Paul Sun Senior Officer
Paul Mullen Senior Officer
Scott Larson Director
Denis Silva Director
Justin Hannewyk Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Andrew Hill Card Director
John Marshall Mitnick Director