Tamboran Resources (ASX:TBN) Long-Term Capital Lease Obligation : A$0.00 Mil (As of Dec. 2022)

View and export this data going back to 2021. Start your Free Trial

What is Tamboran Resources Long-Term Capital Lease Obligation?

Tamboran Resources's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2022 was A$0.00 Mil.

Tamboran Resources's quarterly Long-Term Capital Lease Obligation increased from Dec. 2021 (A$0.00 Mil) to Jun. 2022 (A$0.72 Mil) but then declined from Jun. 2022 (A$0.72 Mil) to Dec. 2022 (A$0.00 Mil).

Tamboran Resources's annual Long-Term Capital Lease Obligation increased from . 20 (A$0.00 Mil) to Jun. 2022 (A$0.72 Mil) but then declined from Jun. 2022 (A$0.72 Mil) to Jun. 2023 (A$0.30 Mil).

Tamboran Resources Long-Term Capital Lease Obligation Historical Data

The historical data trend for Tamboran 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.

Tamboran Resources Long-Term Capital Lease Obligation Chart

Tamboran Resources Annual Data

Trend

Jun22

Jun23

Long-Term Capital Lease Obligation

0.72

0.30

Tamboran Resources Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23
Long-Term Capital Lease Obligation	2.13	-	0.72	-	0.30

Tamboran Resources (ASX:TBN) 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.

Tamboran Resources Long-Term Capital Lease Obligation Related Terms

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

Tamboran Resources (ASX:TBN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Tamboran Resources Corp (ASX:TBN) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

TBNRF:USA

Address

110-112 The Corso, Manly, Sydney, NSW, AUS, 2095

Website

https://www.tamboran.com

Tamboran Resources Corp is a gas company focused on supporting the Net Zero CO2 energy transition in Australia and Asia-Pacific through developing low CO2 unconventional gas resources in the Australian Northern Territory.

Tamboran Resources (ASX:TBN) Headlines

No Headlines