Gold Road Resources (ASX:GOR) Long-Term Capital Lease Obligation : A$114.8 Mil (As of Dec. 2023)

View and export this data going back to 2006. Start your Free Trial

What is Gold Road Resources Long-Term Capital Lease Obligation?

Gold Road Resources's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$114.8 Mil.

Gold Road Resources's quarterly Long-Term Capital Lease Obligation declined from Dec. 2022 (A$110.3 Mil) to Jun. 2023 (A$0.0 Mil) but then increased from Jun. 2023 (A$0.0 Mil) to Dec. 2023 (A$114.8 Mil).

Gold Road Resources's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (A$104.9 Mil) to Dec. 2022 (A$110.3 Mil) and increased from Dec. 2022 (A$110.3 Mil) to Dec. 2023 (A$114.8 Mil).

Gold Road Resources Long-Term Capital Lease Obligation Historical Data

The historical data trend for Gold Road 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.

* Premium members only.

Gold Road Resources Long-Term Capital Lease Obligation Chart

Gold Road Resources Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

113.30

106.29

104.88

110.34

114.83

Gold Road Resources Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															104.88	-	110.34	-	114.83

Gold Road Resources (ASX:GOR) 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.

Gold Road Resources Long-Term Capital Lease Obligation Related Terms

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

Gold Road Resources (ASX:GOR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Gold Road Resources Ltd (ASX:GOR) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

ELKMF:USA E6Q:Germany

Address

26 Colin Street, Level 2, West Perth, Perth, WA, AUS, 6005

Website

https://www.goldroad.com.au

Gold Road Resources Ltd together with its subsidiaries, engages in the exploration and development of mineral properties in Australia. The company operates in three reportable segments that are Operations, Exploration, and Unallocated, out of which the majority of the revenue is generated from the Operations segment.

Gold Road Resources (ASX:GOR) Headlines

No Headlines