EVRAZ (EVRZF) Long-Term Capital Lease Obligation : $65 Mil (As of Jun. 2022)

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What is EVRAZ Long-Term Capital Lease Obligation?

EVRAZ's Long-Term Capital Lease Obligation for the quarter that ended in Jun. 2022 was $65 Mil.

EVRAZ's quarterly Long-Term Capital Lease Obligation declined from Jun. 2021 ($50 Mil) to Dec. 2021 ($49 Mil) but then increased from Dec. 2021 ($49 Mil) to Jun. 2022 ($65 Mil).

EVRAZ's annual Long-Term Capital Lease Obligation declined from Dec. 2019 ($83 Mil) to Dec. 2020 ($57 Mil) and declined from Dec. 2020 ($57 Mil) to Dec. 2021 ($49 Mil).

EVRAZ Long-Term Capital Lease Obligation Historical Data

The historical data trend for EVRAZ'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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EVRAZ Long-Term Capital Lease Obligation Chart

EVRAZ Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Long-Term Capital Lease Obligation

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83.00

57.00

49.00

EVRAZ Semi-Annual Data
	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															68.00	57.00	50.00	49.00	65.00

EVRAZ (OTCPK:EVRZF) 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.

EVRAZ Long-Term Capital Lease Obligation Related Terms

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EVRAZ (EVRZF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » EVRAZ PLC (OTCPK:EVRZF) » Definitions » Long-Term Capital Lease Obligation

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Traded in Other Exchanges

N/A

Address

2 Portman Street, London, GBR, W1H 6DU

Website

https://www.evraz.com

EVRAZ PLC is a London-based, vertically integrated steel, mining, and vanadium business. Steel products represent the majority of the company's revenue. Its steel products include semi-finished products, construction products, railway products, flat-rolled products, and others. The company has operations in the Russian Federation, Ukraine, the United States, Canada, Czech Republic, Italy, Kazakhstan, and South Africa. Among these regions, Russia, Europe, and Asia are the three biggest markets for the company and jointly account for the majority of the company's revenue. A significant portion of the company's internal consumption of iron ore and coking coal is covered by its mining operations.