B2Gold (B2Gold) Long-Term Capital Lease Obligation : $24 Mil (As of Dec. 2023)

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What is B2Gold Long-Term Capital Lease Obligation?

B2Gold's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $24 Mil.

B2Gold's quarterly Long-Term Capital Lease Obligation increased from Jun. 2023 ($0 Mil) to Sep. 2023 ($22 Mil) and increased from Sep. 2023 ($22 Mil) to Dec. 2023 ($24 Mil).

B2Gold's annual Long-Term Capital Lease Obligation increased from Dec. 2021 ($0 Mil) to Dec. 2022 ($28 Mil) but then declined from Dec. 2022 ($28 Mil) to Dec. 2023 ($24 Mil).

B2Gold Long-Term Capital Lease Obligation Historical Data

The historical data trend for B2Gold'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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B2Gold Long-Term Capital Lease Obligation Chart

B2Gold Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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28.35

23.90

B2Gold Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															28.35	23.10	-	22.39	23.90

B2Gold (AMEX:BTG) 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.

B2Gold Long-Term Capital Lease Obligation Related Terms

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B2Gold (B2Gold) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » B2Gold Corp (AMEX:BTG) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

B2G:Namibia 5BG:Germany 5BG:Germany BTO:Canada

Address

666 Burrard Street, Park Place, Suite 3400, Vancouver, BC, CAN, V6C 2X8

Website

https://www.b2gold.com

B2Gold Corp is an international, low-cost, senior gold mining company. It has three operating open-pit gold mines in Mali, Namibia, and the Philippines and numerous exploration projects across four continents. Other significant assets include the Gramalote and Kiaka gold projects. The company focuses on acquiring and developing interests in mineral properties with a primary focus on gold deposits as gold production forms all its revenue. There is no dependence on a particular purchaser because the gold is sold into a global market. The company's reportable operating segments include its mining operations and development projects, namely Fekola; Masbate; Otjikoto; other mineral properties; and corporate and other. It generates maximum revenue from the Fekola mine segment in Mali.