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Unico Silver (ASX:USL) Long-Term Capital Lease Obligation : A$0.00 Mil (As of Dec. 2023)


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What is Unico Silver Long-Term Capital Lease Obligation?

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

Unico Silver's quarterly Long-Term Capital Lease Obligation increased from Dec. 2022 (A$0.00 Mil) to Jun. 2023 (A$0.12 Mil) but then declined from Jun. 2023 (A$0.12 Mil) to Dec. 2023 (A$0.00 Mil).

Unico Silver's annual Long-Term Capital Lease Obligation increased from Jun. 2021 (A$0.00 Mil) to Jun. 2022 (A$0.17 Mil) but then declined from Jun. 2022 (A$0.17 Mil) to Jun. 2023 (A$0.12 Mil).


Unico Silver Long-Term Capital Lease Obligation Historical Data

The historical data trend for Unico Silver'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.

Unico Silver Long-Term Capital Lease Obligation Chart

Unico Silver Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial - - - 0.17 0.12

Unico Silver Semi-Annual Data
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 - 0.17 - 0.12 -

Unico Silver  (ASX:USL) 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.

Unico Silver Long-Term Capital Lease Obligation Related Terms

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Unico Silver (ASX:USL) Business Description

Industry
Traded in Other Exchanges
N/A
Address
100 Pirie Street, Level 3, Adelaide, SA, AUS, 5000
Unico Silver Ltd is a growth-orientated silver development company. Its flagship Cerro Leon project is located in the mining friendly Santa Cruz province of Argentina.

Unico Silver (ASX:USL) Headlines

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