GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Pacific Nickel Mines Ltd (ASX:PNM) » Definitions » Long-Term Capital Lease Obligation

Pacific Nickel Mines (ASX:PNM) Long-Term Capital Lease Obligation : A$0.00 Mil (As of Dec. 2023)


View and export this data going back to 2002. Start your Free Trial

What is Pacific Nickel Mines Long-Term Capital Lease Obligation?

Pacific Nickel Mines's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.00 Mil.


Pacific Nickel Mines Long-Term Capital Lease Obligation Historical Data

The historical data trend for Pacific Nickel Mines'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.

Pacific Nickel Mines Long-Term Capital Lease Obligation Chart

Pacific Nickel Mines Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Pacific Nickel Mines 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 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 - - - - -

Pacific Nickel Mines  (ASX:PNM) 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.

Pacific Nickel Mines Long-Term Capital Lease Obligation Related Terms

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


Pacific Nickel Mines (ASX:PNM) Business Description

Traded in Other Exchanges
Address
283 George Street, Level 4, Sydney, NSW, AUS, 2000
Pacific Nickel Mines Ltd is engaged in the operation, development, and exploration of mineral deposits. The company operates through two geographical segments: Lorena and Solomon Islands. The Lorena segment is engaged in the development of the company's main project, the Lorena Gold Project near Cloncurry in northwest Queensland. The Solomon Islands segment includes development of the company's interest in the Kolosori Nickel Project and Jejevo Nickel Project on the Santa Isabel Island. It operates within one segment which is mineral exploration and development in Australia.

Pacific Nickel Mines (ASX:PNM) Headlines

From GuruFocus

PNM Resources Inc (PNM) Reports Q3 2023 Earnings

By GuruFocus Research 10-27-2023

PNM Resources Inc's Dividend Analysis

By GuruFocus Research 10-26-2023

PNM Resources Management to Meet with Investors

By PRNewswire PRNewswire 08-30-2022

PNM Resources Board Declares Quarterly Common Stock Dividend

By PRNewswire PRNewswire 02-28-2023

PNM Resources to Announce 2022 Earnings on February 24

By PRNewswire PRNewswire 01-27-2023

PNM Resources Increases Common Dividend 5.8%

By PRNewswire PRNewswire 12-02-2022

PNM Resources Board Declares Quarterly Common Stock Dividend

By PRNewswire PRNewswire 08-05-2022