Merafe Resources (JSE:MRF) Short-Term Capital Lease Obligation : R3 Mil (As of Dec. 2023)

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What is Merafe Resources Short-Term Capital Lease Obligation?

Merafe Resources's Short-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was R3 Mil.

Merafe Resources's quarterly Short-Term Capital Lease Obligation increased from Dec. 2022 (R4 Mil) to Jun. 2023 (R4 Mil) but then declined from Jun. 2023 (R4 Mil) to Dec. 2023 (R3 Mil).

Merafe Resources's annual Short-Term Capital Lease Obligation declined from Dec. 2021 (R4 Mil) to Dec. 2022 (R4 Mil) and declined from Dec. 2022 (R4 Mil) to Dec. 2023 (R3 Mil).

Merafe Resources Short-Term Capital Lease Obligation Historical Data

The historical data trend for Merafe Resources's Short-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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Merafe Resources Short-Term Capital Lease Obligation Chart

Merafe Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Short-Term Capital Lease Obligation

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4.46

3.53

3.99

3.88

3.15

Merafe Resources Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Short-Term Capital Lease Obligation	Get a 7-Day Free Trial															3.99	3.78	3.88	3.90	3.15

Merafe Resources Short-Term Capital Lease Obligation Explanation

Short-Term Capital Lease Obligation represents the total amount of Long-Term Capital Lease Obligation that must be paid within the next accounting period. Capital lease obligations are contractual obligations that arise from obtaining the use of property or equipment via a capital lease contract.

Merafe Resources Short-Term Capital Lease Obligation Related Terms

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Merafe Resources (JSE:MRF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Merafe Resources Ltd (JSE:MRF) » Definitions » Short-Term Capital Lease Obligation

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Traded in Other Exchanges

RZT:Germany

Address

35 Ballyclare Drive, Building B, 2nd floor, Ballyoaks Office Park, Bryanston, ZAF, 2191

Website

https://www.meraferesources.co.za

Merafe Resources Ltd through its wholly-owned subsidiary, Merafe Ferrochrome and Mining Proprietary Limited, participates in chrome mining and the beneficiation of chrome ore into ferrochrome. The Glencore-Merafe Chrome Venture (Venture) operates five ferrochrome smelters, twenty-two ferrochrome furnaces, and nine mines, situated in the North-West, Limpopo, and Mpumalanga provinces of South Africa. The company has operating mines namely, Waterval mine; Marikana West; and Kroondal Gemini. The Group has one reportable segment being the mining and beneficiation of chrome ore into ferrochrome and associated minerals.