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Gold Hunter Resources (XCNQ:HUNT) Long-Term Capital Lease Obligation : C$0.00 Mil (As of May. 2024)


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What is Gold Hunter Resources Long-Term Capital Lease Obligation?

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


Gold Hunter Resources Long-Term Capital Lease Obligation Historical Data

The historical data trend for Gold Hunter 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.

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Gold Hunter Resources Long-Term Capital Lease Obligation Chart

Gold Hunter Resources Annual Data
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Long-Term Capital Lease Obligation
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Gold Hunter Resources Quarterly Data
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Gold Hunter Resources  (XCNQ:HUNT) 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.

Gold Hunter Resources Long-Term Capital Lease Obligation Related Terms

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Gold Hunter Resources Business Description

Traded in Other Exchanges
N/A
Address
75 – 8050 204th Street, Langley, BC, CAN, V2Y 0X1
Gold Hunter Resources Inc is engaged in the business of acquiring and exploring mineral resource properties. The company focuses on the Cameron Lake East Project located in the Kenora Mining Division of northwestern Ontario, 75 km southeast of the town of Kenora.
Executives
Blair Lawrence Naughty 10% Security Holder

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