Paranapanema (BSP:PMAM3) Long-Term Capital Lease Obligation : R$3.8 Mil (As of Dec. 2023)

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What is Paranapanema Long-Term Capital Lease Obligation?

Paranapanema's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was R$3.8 Mil.

Paranapanema's quarterly Long-Term Capital Lease Obligation increased from Jun. 2023 (R$4.1 Mil) to Sep. 2023 (R$4.6 Mil) but then declined from Sep. 2023 (R$4.6 Mil) to Dec. 2023 (R$3.8 Mil).

Paranapanema's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (R$2.4 Mil) to Dec. 2022 (R$1.5 Mil) but then increased from Dec. 2022 (R$1.5 Mil) to Dec. 2023 (R$3.8 Mil).

Paranapanema Long-Term Capital Lease Obligation Historical Data

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

Paranapanema Annual Data

Trend

Dec14

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Dec23

Long-Term Capital Lease Obligation

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12.29

5.79

2.39

1.51

3.76

Paranapanema 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															1.51	1.06	4.14	4.62	3.76

Paranapanema (BSP:PMAM3) 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.

Paranapanema Long-Term Capital Lease Obligation Related Terms

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Paranapanema (BSP:PMAM3) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Paranapanema SA (BSP:PMAM3) » Definitions » Long-Term Capital Lease Obligation

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Address

Via do Cobre, No. 3700, West industrial area, Complexo Petroquimico de Camacari, Dias D'avila, BA, BRA, 42850-000

Website

https://www.paranapanema.com.br

Paranapanema SA is a Brazilian producer of primary copper. The company is engaged in the production and sale of electrolytically refined copper, its byproducts, and related services, as well as semi-finished copper and its alloys. Its products include laminates, bars, profiles, tubes, rods, casts, manufactured and semi-manufactured industrial parts, and components. Geographically, The company operates in Europe, America, Asia, and Africa, and it derives a majority of its revenue from the European markets.

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