Vale (VALEPR.PFD) Short-Term Capital Lease Obligation : $197.00 Mil (As of Dec. 2023)

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Vale Short-Term Capital Lease Obligation Definition

Vale's Short-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $197.00 Mil.

Vale's quarterly Short-Term Capital Lease Obligation declined from Jun. 2023 ($199.00 Mil) to Sep. 2023 ($197.00 Mil) but then stayed the same from Sep. 2023 ($197.00 Mil) to Dec. 2023 ($197.00 Mil).

Vale's annual Short-Term Capital Lease Obligation increased from Dec. 2021 ($174.00 Mil) to Dec. 2022 ($182.00 Mil) and increased from Dec. 2022 ($182.00 Mil) to Dec. 2023 ($197.00 Mil).

Vale Short-Term Capital Lease Obligation Historical Data

The historical data trend for Vale'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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Vale Short-Term Capital Lease Obligation Chart

Vale Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Short-Term Capital Lease Obligation

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249.00

174.00

182.00

197.00

Vale Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Short-Term Capital Lease Obligation	Get a 7-Day Free Trial															182.00	188.00	199.00	197.00	197.00

Vale 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.

Vale Short-Term Capital Lease Obligation Related Terms

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Vale (VALEPR.PFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Vale SA (NYSE:VALEPR.PFD) » Definitions » Short-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

VALE:USA VALE:Mexico 0LBF:UK XVALO:Spain CVLC:Germany CVLC:Germany CVLB:Germany CVLB:Germany CVLC:Germany CVLB:Germany VALE3:Brazil VALE:Argentina

Address

Praia de Botafogo, 186, Salas 501 a 1901, Botafogo, Rio de Janeiro, RJ, BRA, 22250-145

Website

https://www.vale.com

Vale is a large global miner and the world's largest producer of iron ore and pellets. In recent years the company has sold noncore assets such as its fertilizer, coal, and steel operations to concentrate on iron ore, nickel, and copper. Earnings are dominated by the bulk materials division, primarily iron ore and iron ore pellets. The base metals division is much smaller, consisting of nickel mines and smelters along with copper mines producing copper in concentrate. Vale has agreed to sell a minority 13% stake in its base metals business, which is expected to become effective early in 2024, and which is likely the first step in separating base metals and iron ore.