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Mercer International (Mercer International) Long-Term Capital Lease Obligation

: $48 Mil (As of Dec. 2023)
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Mercer International's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $48 Mil.

Mercer International's quarterly Long-Term Capital Lease Obligation declined from Jun. 2023 ($54 Mil) to Sep. 2023 ($51 Mil) and declined from Sep. 2023 ($51 Mil) to Dec. 2023 ($48 Mil).

Mercer International's annual Long-Term Capital Lease Obligation declined from Dec. 2021 ($62 Mil) to Dec. 2022 ($53 Mil) and declined from Dec. 2022 ($53 Mil) to Dec. 2023 ($48 Mil).


Mercer International Long-Term Capital Lease Obligation Historical Data

The historical data trend for Mercer International'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.

Mercer International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 41.62 51.26 62.15 53.24 48.44

Mercer International 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 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 Premium Member Only Premium Member Only Premium Member Only 53.24 52.30 53.68 51.50 48.44

Mercer International  (NAS:MERC) 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.

Mercer International Long-Term Capital Lease Obligation Related Terms

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Mercer International (Mercer International) Business Description

Traded in Other Exchanges
Address
700 West Pender Street, Suite 1120, Vancouver, BC, CAN, V6C 1G8
Mercer International Inc is a forest products company with two reportable operating segments in pulp and solid wood. Pulp segment consists of the manufacture, sale and distribution of pulp, electricity and chemicals. Solid wood segment consists of the manufacture, sale and distribution of lumber, manufactured products wood pallets, electricity, biofuels and wood residuals from sawmills and other facilities located in Germany and the United States. The company has its geographical presence in USA, Germany, China and Other countries. Majority of the revenue is generated from the Pulp segment.
Executives
Janine North director SUITE 1120, 700 WEST PENDER STREET, VANCOUVER A1 V6C 1G8
Alice Laberge director SUITE 1120, 700 WEST PENDER STREET, VANCOUVER A1 V6C 1G8
Torbjoern Loeoef director SUITE 1120-700 WEST PENDER STREET, VANCOUVER A1 V6C1G8
Thomas Kevin Corrick director C/O BOISE CASCADE, L.L.C., 1111 W. JEFFERSON ST., STE 300, BOISE ID 83702-5389
Cynthia Margaret Alekson officer: VP, Controller SUITE 1120, 700 WEST PENDER STREET, VANCOUVER A1 V6C 1G8
Wolfgang Beck officer: Senior VP,Global Product SUITE 1120, 700 WEST PENDER STREET, VANCOUVER A1 V6C 1G8
Carsten Merforth officer: COO, Wood Products SUITE 1120 - 700 WEST PENDER STREET, VANCOUVER A1 V6C 1G8
Rainer Rettig director SUITE 1120, 700 WEST PENDER STREET, VANCOUVER A1 V6C 1G8
Keith Purchase director SUITE 1120, 700 WEST PENDER STREET, VANCOUVER A1 V6C 1G8
Peter R Kellogg 10 percent owner 48 WALL STREET, C/O IAT REINSURANCE CO LTD, NEW YORK NY 10005
Bueno Estrada Juan Carlos officer: Chief Executive Officer & Pres SUITE 1120, 700 WEST PENDER STREET, VANCOUVER A1 V6C 1G8
Guy Arguin officer: Chief Human Resources Officer SUITE 1120 - 700 WEST PENDER STREET, VANCOUVER A1 V6C 1G8
Eric Xavier Heine officer: VP Sales & Marketing NA & Asia 650 WEST GEORGIA STREET, VANCOUVER A1 V6B 4N8
Wolfram Ridder officer: VP of Business Development AM EISENBUHL 7, SELBITZ 2M D-95152
Alan C. Wallace director SUITE 1120, 700 WEST PENDER STREET, VANCOUVER A1 V6C 1G8