GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Cleanspark Inc (NAS:CLSK) » Definitions » Long-Term Capital Lease Obligation

Cleanspark (Cleanspark) Long-Term Capital Lease Obligation : $0.4 Mil (As of Mar. 2024)


View and export this data going back to 2011. Start your Free Trial

What is Cleanspark Long-Term Capital Lease Obligation?

Cleanspark's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.4 Mil.

Cleanspark's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 ($0.5 Mil) to Dec. 2023 ($0.5 Mil) and declined from Dec. 2023 ($0.5 Mil) to Mar. 2024 ($0.4 Mil).

Cleanspark's annual Long-Term Capital Lease Obligation declined from Sep. 2021 ($1.0 Mil) to Sep. 2022 ($0.6 Mil) and declined from Sep. 2022 ($0.6 Mil) to Sep. 2023 ($0.5 Mil).


Cleanspark Long-Term Capital Lease Obligation Historical Data

The historical data trend for Cleanspark'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.

Cleanspark Long-Term Capital Lease Obligation Chart

Cleanspark Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 1.02 0.63 0.53

Cleanspark Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.59 0.58 0.53 0.47 0.43

Cleanspark  (NAS:CLSK) 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.

Cleanspark Long-Term Capital Lease Obligation Related Terms

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


Cleanspark (Cleanspark) Business Description

Industry
Traded in Other Exchanges
Address
2370 Corporate Circle, Suite 160, Henderson, NV, USA, 89074
Cleanspark Inc is a bitcoin mining company. Through CleanSpark, Inc., and the Company's wholly owned subsidiaries, the company mines bitcoin. The company entered the bitcoin mining industry through its acquisition of ATL. Bitcoin mining is the sole reportable segment of the company.
Executives
Larry Mcneill director 1185 SOUTH 1800 WEST, SUITE 3, WOODS CROSS UT 84087
Gary Anthony Vecchiarelli officer: Chief Financial Officer 6980 OBANNON DRIVE, LAS VEGAS NV 89117
Roger Paul Beynon director P.O. BOX 1268, BOUNTIFUL UT 84011
Thomas Leigh Wood director 70 NORTH MAIN STREET, SUITE 105, BOUNTIFUL UT 84010
Amanda Cavaleri director 2370 CORPORATE CIRCLE, SUITE 160, HENDERSON NV 89074
Zachary Bradford director, officer: CEO and President 2391 SOUTH 1560 WEST, WOODS CROSS UT 84087
S. Matthew Schultz director, officer: Executive Chairman 2391 SOUTH 1560 WEST, WOODS CROSS UT 84087
Amer Tadayon officer: Chief Revenue Officer 1185 S. 1800 WEST, SUITE 3, WOODS CROSS UT 84087
Lori Love officer: Chief Financial Officer 70 NORTH MAIN STREET, SUITE 105, BOUNTIFUL UT 84010
Anthony M Vastola officer: Chief Strategy Officer 70 NORTH MAIN STREET, STE. 105, BOUNTIFUL UT 84010
Amanda Kabak officer: Chief Technology Officer 70 NORTH MAIN STREET, SUITE 105, BOUNTIFUL UT 84010
Brian Huber director, officer: Chief Operating Officer 70 NORTH MAIN STREET, STE. 105, BOUNTIFUL UT 84010
Michael Gary Barrett officer: COO 2391 SOUTH 1560 WEST, WOODS CROSS UT 84087
Bruce Lybbert director, 10 percent owner, officer: Officer 2391 SOUTH 1560 WEST, WOODS CROSS UT 84087
Burkeley J Priest director, officer: Pres, Sec, Treas & Director PO BOX 573633, MURRAY UT 84157