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Apex Critical Metals (XCNQ:APXC) Long-Term Capital Lease Obligation : C$0.00 Mil (As of Jan. 2024)


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What is Apex Critical Metals Long-Term Capital Lease Obligation?

Apex Critical Metals's Long-Term Capital Lease Obligation for the quarter that ended in Jan. 2024 was C$0.00 Mil.


Apex Critical Metals Long-Term Capital Lease Obligation Historical Data

The historical data trend for Apex Critical Metals'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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Apex Critical Metals Long-Term Capital Lease Obligation Chart

Apex Critical Metals Annual Data
Trend Jul22
Long-Term Capital Lease Obligation
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Apex Critical Metals Quarterly Data
Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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Apex Critical Metals  (XCNQ:APXC) 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.

Apex Critical Metals Long-Term Capital Lease Obligation Related Terms

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Apex Critical Metals (XCNQ:APXC) Business Description

Traded in Other Exchanges
N/A
Address
789 West Pender Street, Suite 1450, Vancouver, BC, CAN, V6C 1H2
Eagle Bay Resources Corp is in the business of acquiring, exploring, developing and evaluating mineral resource properties. The Company is in the exploration stage and has interests in properties located in British Columbia, Canada.

Apex Critical Metals (XCNQ:APXC) Headlines

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