Riley Gold (TSXV:RLYG) Long-Term Capital Lease Obligation : C$0.12 Mil (As of Mar. 2024)

View and export this data going back to 2015. Start your Free Trial

What is Riley Gold Long-Term Capital Lease Obligation?

Riley Gold's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$0.12 Mil.

Riley Gold's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (C$0.16 Mil) to Dec. 2023 (C$0.14 Mil) and declined from Dec. 2023 (C$0.14 Mil) to Mar. 2024 (C$0.12 Mil).

Riley Gold's annual Long-Term Capital Lease Obligation stayed the same from Dec. 2021 (C$0.00 Mil) to Dec. 2022 (C$0.00 Mil) but then increased from Dec. 2022 (C$0.00 Mil) to Dec. 2023 (C$0.14 Mil).

Riley Gold Long-Term Capital Lease Obligation Historical Data

The historical data trend for Riley 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.

* Premium members only.

Riley Gold Long-Term Capital Lease Obligation Chart

Riley Gold Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

0.14

Riley Gold Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															-	-	0.16	0.14	0.12

Riley Gold (TSXV:RLYG) 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.

Riley Gold Long-Term Capital Lease Obligation Related Terms

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

Riley Gold (TSXV:RLYG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Riley Gold Corp (TSXV:RLYG) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

RLYGF:USA

Address

1055 West Hastings Street, Suite 2390, Vancouver, BC, CAN, V6E 2E9

Website

https://www.rileygoldcorp.com

Riley Gold Corp is a Canada based precious metals exploration company. It is engaged in the acquisition and exploration of mineral properties located in the state of Nevada, USA. The company's projects include the Tokop Gold project, Pipeline West/Clipper Project and the East Manhattan wash project.

Executives

Todd Hilditch

Senior Officer

Riley Gold (TSXV:RLYG) Headlines

No Headlines