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

Molten Metals (XCNQ:MOLT) Long-Term Capital Lease Obligation : C$0.00 Mil (As of Mar. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Molten Metals Long-Term Capital Lease Obligation?

Molten Metals's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$0.00 Mil.

Molten Metals's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (C$0.00 Mil) to Dec. 2022 (C$0.03 Mil) but then declined from Dec. 2022 (C$0.03 Mil) to Dec. 2023 (C$0.00 Mil).


Molten Metals Long-Term Capital Lease Obligation Historical Data

The historical data trend for Molten Metals'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.

Molten Metals Long-Term Capital Lease Obligation Chart

Molten Metals Annual Data
Trend Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
- 0.03 -

Molten Metals Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Long-Term Capital Lease Obligation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - - - - -

Molten Metals  (XCNQ:MOLT) 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.

Molten Metals Long-Term Capital Lease Obligation Related Terms

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


Molten Metals (XCNQ:MOLT) Business Description

Traded in Other Exchanges
N/A
Address
1090 West Georgia Street, Suite 600, Vancouver, BC, CAN, V6E 3V7
Molten Metals Corp is a mineral resource company engaged in the acquisition and exploration of mineral properties, with a focus on critical metal projects, particularly Antimony and Tin. The company's principal mineral project is the West Gore Antimony/Gold Property situated in Nova Scotia. It has two geographically reportable operating segments focused on the acquisition and exploration of mineral properties in Canada and Slovakia.
Executives
Rana Gurvinder Vig Director

Molten Metals (XCNQ:MOLT) Headlines

No Headlines