GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Ivanhoe Mines Ltd (OTCPK:IVPAF) » Definitions » Long-Term Capital Lease Obligation

Ivanhoe Mines (Ivanhoe Mines) Long-Term Capital Lease Obligation : $10.51 Mil (As of Mar. 2024)


View and export this data going back to 2012. Start your Free Trial

What is Ivanhoe Mines Long-Term Capital Lease Obligation?

Ivanhoe Mines's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was $10.51 Mil.

Ivanhoe Mines's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 ($10.90 Mil) to Dec. 2023 ($10.77 Mil) and declined from Dec. 2023 ($10.77 Mil) to Mar. 2024 ($10.51 Mil).

Ivanhoe Mines's annual Long-Term Capital Lease Obligation declined from Dec. 2021 ($11.24 Mil) to Dec. 2022 ($10.76 Mil) but then increased from Dec. 2022 ($10.76 Mil) to Dec. 2023 ($10.77 Mil).

Ivanhoe Mines Long-Term Capital Lease Obligation Historical Data

The historical data trend for Ivanhoe 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.

Ivanhoe Mines Long-Term Capital Lease Obligation Chart

Ivanhoe Mines Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.98 11.55 11.24 10.76 10.77

Ivanhoe Mines Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 10.71 10.75 10.90 10.77 10.51

Ivanhoe Mines  (OTCPK:IVPAF) 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.

Ivanhoe Mines Long-Term Capital Lease Obligation Related Terms

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

Ivanhoe Mines (Ivanhoe Mines) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Ivanhoe Mines Ltd (OTCPK:IVPAF) » Definitions » Long-Term Capital Lease Obligation
Comparable Companies
TSXV:SGML TSX:FIL TSX:LAC TSX:LAAC TSX:FOM TSXV:AFM TSXV:PMET TSXV:NGEX TSX:ALS TSXV:SLI ASX:BHP ASX:RIO LSE:RIO LSE:GLEN BSP:VALE3 ASX:FMG SAU:1211 LSE:AAL GMEXICOB MIC:GMKN
Traded in Other Exchanges
IYAA:Germany IVN:Canada
Address
999 Canada Place, Suite 606, Vancouver, BC, CAN, V6C 3E1
Website
https://www.ivanhoemines.com
Ivanhoe Mines Ltd is a diversified mining company focused on advancing its three principal projects in Southern Africa; the expansion of the Kamoa-Kakula Copper Complex in the DRC, the construction of the tier-one Platreef palladium-rhodium-platinum-nickel-copper-gold project in South Africa; and the restart of the historic ultra-high-grade Kipushi zinc-copper-germanium-silver mine, also in the DRC. It is also exploring for new copper discoveries across its circa 2,400km2 of 90-100% owned exploration licences in the Western Foreland, located adjacent to the Kamoa-Kakula Copper Complex.