Newmont (LTS:0R28) Long-Term Capital Lease Obligation : $370 Mil (As of Mar. 2025)

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What is Newmont Long-Term Capital Lease Obligation?

Newmont's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was $370 Mil.

Newmont's quarterly Long-Term Capital Lease Obligation declined from Sep. 2024 ($437 Mil) to Dec. 2024 ($389 Mil) and declined from Dec. 2024 ($389 Mil) to Mar. 2025 ($370 Mil).

Newmont's annual Long-Term Capital Lease Obligation declined from Dec. 2022 ($465 Mil) to Dec. 2023 ($448 Mil) and declined from Dec. 2023 ($448 Mil) to Dec. 2024 ($389 Mil).

Newmont Long-Term Capital Lease Obligation Historical Data

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

Newmont Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Long-Term Capital Lease Obligation

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565.00

544.00

465.00

448.00

389.00

Newmont 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															436.00	429.00	437.00	389.00	370.00

Newmont (LTS:0R28) 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.

Newmont Long-Term Capital Lease Obligation Related Terms

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Newmont Business Description

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Comparable Companies

Address

6900 E Layton Avenue, Suite 700, Denver, CO, USA, 80237

Website

https://www.newmont.com

Newmont is the world's largest gold miner. It bought Goldcorp in 2019, combined its Nevada mines in a joint venture with competitor Barrick later that year, and also purchased competitor Newcrest in November 2023. Its portfolio includes 17 wholly or majority owned mines and interests in two joint ventures in the Americas, Africa, Australia and Papua New Guinea. The company is expected to sell roughly 5.6 million ounces of gold in 2025 from its core mines after selling six higher-cost, smaller mines. Newmont also produces material amounts of copper, silver, zinc, and lead as byproducts. It had about two decades of gold reserves along with significant byproduct reserves at the end of December 2024.

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