KGHM Polska Miedz (LTS:0O8D) Long-Term Capital Lease Obligation : zł0 Mil (As of Mar. 2024)

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What is KGHM Polska Miedz Long-Term Capital Lease Obligation?

KGHM Polska Miedz's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was zł0 Mil.

KGHM Polska Miedz's quarterly Long-Term Capital Lease Obligation increased from Sep. 2023 (zł0 Mil) to Dec. 2023 (zł675 Mil) but then declined from Dec. 2023 (zł675 Mil) to Mar. 2024 (zł0 Mil).

KGHM Polska Miedz's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (zł574 Mil) to Dec. 2022 (zł660 Mil) and increased from Dec. 2022 (zł660 Mil) to Dec. 2023 (zł675 Mil).

KGHM Polska Miedz Long-Term Capital Lease Obligation Historical Data

The historical data trend for KGHM Polska Miedz'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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KGHM Polska Miedz Long-Term Capital Lease Obligation Chart

KGHM Polska Miedz Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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613.00

586.00

574.00

660.00

675.00

KGHM Polska Miedz 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															-	-	-	675.00	-

KGHM Polska Miedz (LTS:0O8D) 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.

KGHM Polska Miedz Long-Term Capital Lease Obligation Related Terms

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KGHM Polska Miedz (LTS:0O8D) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » KGHM Polska Miedz SA (LTS:0O8D) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

KGHPF:USA KGH:Poland KGHA:Germany KGHA:Germany KGH:Czech Republic

Address

48 M.Sklodowskiej-Curie Street, Lubin, POL, 59-301

Website

https://www.kghm.com

KGHM Polska Miedz SA engages in copper ore mining and copper production primarily in South-Western Poland. The company also produces precious metals such as silver, which is typically used for coins, jewellery, photography products and industrial purposes. The bulk of group revenue is generated through copper sales, and the remainder is primarily through sales of silver, while a minor portion is generated through the production of gold, salt and casting of light metals. The materials are sold domestically, and exported to Germany, China, the U.S., the United Kingdom and the Czech Republic, among many other European nations. KGHM Polska Miedz SA is also involved in construction and engineering, through its wholly owned subsidiary Bipromet SA.

KGHM Polska Miedz (LTS:0O8D) Headlines

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