GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Semafo Inc (OSTO:SMF) » Definitions » Long-Term Capital Lease Obligation

Semafo (OSTO:SMF) Long-Term Capital Lease Obligation : kr141 Mil (As of Mar. 2020)


View and export this data going back to 2011. Start your Free Trial

What is Semafo Long-Term Capital Lease Obligation?

Semafo's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2020 was kr141 Mil.

Semafo's quarterly Long-Term Capital Lease Obligation declined from Sep. 2019 (kr226 Mil) to Dec. 2019 (kr144 Mil) and declined from Dec. 2019 (kr144 Mil) to Mar. 2020 (kr141 Mil).

Semafo's annual Long-Term Capital Lease Obligation increased from Dec. 2017 (kr160 Mil) to Dec. 2018 (kr182 Mil) but then declined from Dec. 2018 (kr182 Mil) to Dec. 2019 (kr144 Mil).


Semafo Long-Term Capital Lease Obligation Historical Data

The historical data trend for Semafo'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.

Semafo Long-Term Capital Lease Obligation Chart

Semafo Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 159.53 181.91 143.79

Semafo Quarterly Data
Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20
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 219.81 215.33 226.17 143.79 140.53

Semafo  (OSTO:SMF) 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.

Semafo Long-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of Semafo's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.


Semafo (OSTO:SMF) Business Description

Industry
Traded in Other Exchanges
N/A
Address
100 Alexis-Nihon Boulevard, 7th Floor, Saint-Laurent, QC, CAN, H4M 2P3
Semafo Inc is a Canadian mining company with gold production and exploration activities in Burkina Faso. The company's main operations are in Boungou, Burkina Faso, and Mana, Burkina Faso. Boungou is a relatively new production site that is located in southeastern Burkina Faso. The Mana project, which has been in operation longer, includes the Siou deposit, which is about 20 kilometers from the Mana Mine in Burkina Faso. Semafo has developed exploration strategies for future deposits in West Africa, such as Tapoa (Boungou Project), Mana, Kongolokoro (Bantou Zone), and Yactibo (Nabanga Deposit).

Semafo (OSTO:SMF) Headlines

No Headlines