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Vulcan Energy Resources (XTER:VUL) Long-Term Capital Lease Obligation : €0.00 Mil (As of Jun. 2024)


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What is Vulcan Energy Resources Long-Term Capital Lease Obligation?

Vulcan Energy Resources's Long-Term Capital Lease Obligation for the quarter that ended in Jun. 2024 was €0.00 Mil.

Vulcan Energy Resources's quarterly Long-Term Capital Lease Obligation increased from Jun. 2023 (€0.00 Mil) to Dec. 2023 (€3.33 Mil) but then declined from Dec. 2023 (€3.33 Mil) to Jun. 2024 (€0.00 Mil).

Vulcan Energy Resources's annual Long-Term Capital Lease Obligation increased from Jun. 2021 (€0.31 Mil) to Jun. 2022 (€2.57 Mil) and increased from Jun. 2022 (€2.57 Mil) to Dec. 2023 (€3.33 Mil).


Vulcan Energy Resources Long-Term Capital Lease Obligation Historical Data

The historical data trend for Vulcan Energy 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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Vulcan Energy Resources Long-Term Capital Lease Obligation Chart

Vulcan Energy Resources Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Dec23
Long-Term Capital Lease Obligation
- - 0.31 2.57 3.33

Vulcan Energy Resources Semi-Annual Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Long-Term Capital Lease Obligation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.57 2.67 - 3.33 -

Vulcan Energy Resources  (XTER:VUL) 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.

Vulcan Energy Resources Long-Term Capital Lease Obligation Related Terms

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Vulcan Energy Resources Business Description

Traded in Other Exchanges
Address
267 St Georges Terrace, Level 2, Perth, WA, AUS, 6000
Website
Vulcan Energy Resources Ltd is engaged in decarbonizing the carbon production footprint of lithium-ion batteries used in electric vehicles by producing a lithium hydroxide monohydrate chemical product with zero carbon footprint. The group's combined geothermal energy and lithium resource has license areas focused on the Upper Rhine Valley in Germany. Vulcan's Zero Carbon Lithium Project uses renewable geothermal energy to power its lithium extraction process and create a renewable energy by-product that helps in decarbonizing the supply chain.

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