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

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

What is Volta Metals Long-Term Capital Lease Obligation?

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

Volta Metals Long-Term Capital Lease Obligation Historical Data

The historical data trend for Volta 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.

Volta Metals Long-Term Capital Lease Obligation Chart

Volta Metals Annual Data

Trend

Dec22

Dec23

Long-Term Capital Lease Obligation

Volta Metals Quarterly Data
	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial			-	-	-	-	-

Volta Metals (XCNQ:VLTA) 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.

Volta Metals Long-Term Capital Lease Obligation Related Terms

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

Volta Metals (XCNQ:VLTA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Volta Metals Ltd (XCNQ:VLTA) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

D0W:Germany

Address

390 Bay Street, Suite 700a, Toronto, ON, CAN, M5H 2Y2

Website

https://www.voltametals.ca

Volta Metals Ltd is a mineral exploration company focused on lithium, cesium and tantalum exploration in Canada, and led by a group of mining professionals. It is currently exploring a critical minerals portfolio of lithium, cesium and tantalum projects in northwestern Ontario, which is considered to be one of the more prolific emerging hard-rock lithium districts globally. The company's projects include Flacon west project, Root Project, White Lights Project, Kim Lake & Store Lake Project, Junior Lake Project, and Crescent Lake Project.

Executives

Kerem Usenmez

Senior Officer