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Thesis Gold (Thesis Gold) Long-Term Capital Lease Obligation : $0.00 Mil (As of Nov. 2023)


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What is Thesis Gold Long-Term Capital Lease Obligation?

Thesis Gold's Long-Term Capital Lease Obligation for the quarter that ended in Nov. 2023 was $0.00 Mil.

Thesis Gold's annual Long-Term Capital Lease Obligation increased from Feb. 2021 ($0.00 Mil) to Feb. 2022 ($0.08 Mil) but then declined from Feb. 2022 ($0.08 Mil) to Feb. 2023 ($0.02 Mil).


Thesis Gold Long-Term Capital Lease Obligation Historical Data

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

Thesis Gold Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.08 0.02

Thesis Gold Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 0.03 0.02 - - -

Thesis Gold  (OTCPK:THSGF) 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.

Thesis Gold Long-Term Capital Lease Obligation Related Terms

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Thesis Gold (Thesis Gold) Business Description

Industry
Traded in Other Exchanges
Address
10545-45 Avenue NW, 250 Southridge NW, Suite 300, Edmonton, AB, CAN, T6H 4M9
Thesis Gold Inc Formerly Benchmark Metals Inc is a gold and silver company advancing its 100% owned Lawyer's Gold-Silver Project located in the Golden Horseshoe of northern British Columbia, Canada. The project consists of three mineralized deposits that remain open for expansion, in addition to plus 20 new target areas along the 20-kilometre trend.