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Hochschild Mining (Hochschild Mining) Long-Term Capital Lease Obligation : $1.4 Mil (As of Dec. 2023)


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What is Hochschild Mining Long-Term Capital Lease Obligation?

Hochschild Mining's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1.4 Mil.

Hochschild Mining's quarterly Long-Term Capital Lease Obligation declined from Dec. 2022 ($1.2 Mil) to Jun. 2023 ($0.0 Mil) but then increased from Jun. 2023 ($0.0 Mil) to Dec. 2023 ($1.4 Mil).

Hochschild Mining's annual Long-Term Capital Lease Obligation declined from Dec. 2021 ($2.8 Mil) to Dec. 2022 ($1.2 Mil) but then increased from Dec. 2022 ($1.2 Mil) to Dec. 2023 ($1.4 Mil).


Hochschild Mining Long-Term Capital Lease Obligation Historical Data

The historical data trend for Hochschild Mining'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.

Hochschild Mining Long-Term Capital Lease Obligation Chart

Hochschild Mining Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 2.81 1.24 1.38

Hochschild Mining Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 2.81 - 1.24 - 1.38

Hochschild Mining  (OTCPK:HCHDY) 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.

Hochschild Mining Long-Term Capital Lease Obligation Related Terms

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Hochschild Mining (Hochschild Mining) Business Description

Traded in Other Exchanges
Address
17 Cavendish Square, London, GBR, W1G 0PH
Hochschild Mining PLC a precious metals company engages in the exploration, mining, processing, and sale of silver and gold deposits in the Americas. It primarily operates three mines located in southern Peru and one operating mine located in Argentina. The segment in which it operates includes Pallancata, San Jose, Inmaculada, Exploration, and Other. Its reportable segments are engaged in the sale of gold, silver, dore, and concentrate. The business of the company can be seen expanding across various geographical regions the USA, Peru, Canada, Germany, Switzerland, the United Kingdom, Korea and Japan of which group derives major revenue share from the Switzerland region.

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