Dakota Gold (Dakota Gold) Long-Term Capital Lease Obligation : $0.06 Mil (As of Mar. 2024)

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What is Dakota Gold Long-Term Capital Lease Obligation?

Dakota Gold's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.06 Mil.

Dakota Gold's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 ($0.13 Mil) to Dec. 2023 ($0.10 Mil) and declined from Dec. 2023 ($0.10 Mil) to Mar. 2024 ($0.06 Mil).

Dakota Gold's annual Long-Term Capital Lease Obligation stayed the same from Mar. 2021 ($0.00 Mil) to Mar. 2022 ($0.00 Mil) but then increased from Mar. 2022 ($0.00 Mil) to Dec. 2023 ($0.10 Mil).

Dakota Gold Long-Term Capital Lease Obligation Historical Data

The historical data trend for Dakota Gold'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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Dakota Gold Long-Term Capital Lease Obligation Chart

Dakota Gold Annual Data

Trend

Mar20

Mar21

Mar22

Dec23

Long-Term Capital Lease Obligation

0.10

Dakota Gold Quarterly Data
	Mar20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial										-	-	0.13	0.10	0.06

Dakota Gold (AMEX:DC) 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.

Dakota Gold Long-Term Capital Lease Obligation Related Terms

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Dakota Gold (Dakota Gold) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Dakota Gold Corp (AMEX:DC) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

RR6:Germany

Address

106 Glendale Drive, Suite A, Lead, SD, USA, 57754

Website

https://www.dakotagoldcorp.com

Dakota Gold Corp is a gold exploration and development company with a specific focus on revitalizing the Homestake District in Lead, South Dakota. Dakota Gold has high-caliber gold mineral properties covering over 40 thousand acres surrounding the historic Homestake Mine.

Executives

Gerald Michael Aberle	director, officer: Chief Operating Officer	PO BOX 568, LEAD SD 57754
Alice D. Schroeder	director	1573 MALLORY LANE, SUITE 100, BRENTWOOD TN 37027
Jonathan T. Awde	director, officer: President & CEO	DAKOTA TERRITORY RESOURCE CORP, 141 GLENDALE DR, LEAD SD 57754
Patrick Shay Malone	officer: Chief Sustainability Officer	106 GLENDALE DRIVE, SUITE A, LEAD SD 57754
Stephen T. O'rourke	director	P.O. BOX 9159, RAPID CITY SD 57709
Shawn Campbell	officer: Chief Financial Officer	141 GLENDALE DRIVE, LEAD SD 57754
Robert Quartermain	director	DAKOTA TERRITORY RESOURCE CORP, 141 GLENDALE DR, LEAD SD 57754
Alex G Morrison	director	1658 COLE BLVD., BLDG. 6, SUITE 210, LAKEWOOD CO 80401
James Mccoy Berry	officer: Vice-President of Exploration	141 GLENDALE DRIVE, LEAD SD 57754
Jennifer S Grafton	director	9540 SOUTH MAROON CIRCLE, SUITE 200, ENGLEWOOD CO 80112
Amy Koenig	director	7001 MT. RUSHMORE ROAD, RAPID CITY SD 57702