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ALMMF (Aluminum of China) Long-Term Capital Lease Obligation : $1,122 Mil (As of Mar. 2025)


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What is Aluminum of China Long-Term Capital Lease Obligation?

Aluminum of China's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was $1,122 Mil.

Aluminum of China's quarterly Long-Term Capital Lease Obligation declined from Sep. 2024 ($1,171 Mil) to Dec. 2024 ($1,128 Mil) and declined from Dec. 2024 ($1,128 Mil) to Mar. 2025 ($1,122 Mil).

Aluminum of China's annual Long-Term Capital Lease Obligation declined from Dec. 2022 ($1,321 Mil) to Dec. 2023 ($1,215 Mil) and declined from Dec. 2023 ($1,215 Mil) to Dec. 2024 ($1,128 Mil).


Aluminum of China Long-Term Capital Lease Obligation Historical Data

The historical data trend for Aluminum of China'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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Aluminum of China Long-Term Capital Lease Obligation Chart

Aluminum of China Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 956.97 1,651.44 1,320.98 1,215.09 1,128.06

Aluminum of China Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Long-Term Capital Lease Obligation Get a 7-Day Free Trial 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 1,191.28 1,143.34 1,171.25 1,128.06 1,122.11

Aluminum of China  (OTCPK:ALMMF) 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.

Aluminum of China Long-Term Capital Lease Obligation Related Terms

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Aluminum of China Business Description

Address
No. 62 North Xizhimen Street, Haidian District, Beijing, CHN, 100082
Aluminum Corp of China Ltd is an aluminum producer. Its main business includes exploration and mining of resources such as bauxite and coal, production, sales, technology research and development of alumina, primary aluminum, aluminum alloys, and carbon products, international trade, logistics industry, thermal and new energy power generation, etc. The company's reportable operating segments are; The alumina segment, The primary aluminum segment, Energy, Trading, and the Corporate segment. The majority of its revenue is generated from the primary aluminum segment which consists of procuring alumina and other raw materials, supplemental materials and electricity power, and smelting alumina to produce primary aluminum. Geographically, its key revenue is derived from Mainland China.

Aluminum of China Headlines

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