Novo Resources (TSX:NVO) Short-Term Capital Lease Obligation : C$0.12 Mil (As of Mar. 2025)

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What is Novo Resources Short-Term Capital Lease Obligation?

Novo Resources's Short-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was C$0.12 Mil.

Novo Resources's quarterly Short-Term Capital Lease Obligation increased from Jun. 2024 (C$0.11 Mil) to Sep. 2024 (C$0.11 Mil) and increased from Sep. 2024 (C$0.11 Mil) to Mar. 2025 (C$0.12 Mil).

Novo Resources's annual Short-Term Capital Lease Obligation declined from Dec. 2021 (C$12.45 Mil) to Dec. 2022 (C$4.31 Mil) and declined from Dec. 2022 (C$4.31 Mil) to Dec. 2023 (C$1.17 Mil).

Novo Resources Short-Term Capital Lease Obligation Historical Data

The historical data trend for Novo Resources's Short-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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Novo Resources Short-Term Capital Lease Obligation Chart

Novo Resources Annual Data

Trend

Jan14

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Dec21

Dec22

Dec23

Short-Term Capital Lease Obligation

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0.19

12.45

4.31

1.17

Novo Resources Quarterly Data
	Jan20	Apr20	Jul20	Oct20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Mar25
Short-Term Capital Lease Obligation	Get a 7-Day Free Trial															1.17	0.53	0.11	0.11	0.12

Novo Resources Short-Term Capital Lease Obligation Explanation

Short-Term Capital Lease Obligation represents the total amount of Long-Term Capital Lease Obligation that must be paid within the next accounting period. Capital lease obligations are contractual obligations that arise from obtaining the use of property or equipment via a capital lease contract.

Novo Resources Short-Term Capital Lease Obligation Related Terms

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Novo Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Novo Resources Corp (TSX:NVO) » Definitions » Short-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

NSRPF:USA 1NO:Germany NVO:Australia

Address

46 Ventnor Avenue, Level 3, West Australia, Perth, WA, AUS

Website

https://www.novoresources.com

Novo Resources Corp is a company engaged in the business of evaluating, acquiring, and exploring natural resource properties with a focus on gold. The organization has business interests in properties located in Australia, Canada, and the USA. Its projects include Beatons Creek Property, Millennium Property, Blue Spec; Paleo-Placer; Comet Well, and others. It segment includes of Exploration Operations.

Executives

Quinton Todd Hennigh	Director
Michael Charles Barrett	Director
Ronan Joseph Sabo-walsh	Senior Officer
Robert James Humphryson	Senior Officer
Kirkland Lake Gold Ltd.	10% Security Holder
Eric Sprott	10% Security Holder
Leonidas Karabelas	Senior Officer
Gregory Gibson	Director