GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Taseko Mines Ltd (AMEX:TGB) » Definitions » Long-Term Capital Lease Obligation

Taseko Mines (Taseko Mines) Long-Term Capital Lease Obligation : $4.8 Mil (As of Mar. 2024)


View and export this data going back to 2004. Start your Free Trial

What is Taseko Mines Long-Term Capital Lease Obligation?

Taseko Mines's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was $4.8 Mil.

Taseko Mines's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 ($6.3 Mil) to Dec. 2023 ($5.2 Mil) and declined from Dec. 2023 ($5.2 Mil) to Mar. 2024 ($4.8 Mil).

Taseko Mines's annual Long-Term Capital Lease Obligation declined from Dec. 2021 ($8.9 Mil) to Dec. 2022 ($7.7 Mil) and declined from Dec. 2022 ($7.7 Mil) to Dec. 2023 ($5.2 Mil).


Taseko Mines Long-Term Capital Lease Obligation Historical Data

The historical data trend for Taseko Mines'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.

Taseko Mines Long-Term Capital Lease Obligation Chart

Taseko Mines 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 15.61 19.02 8.89 7.67 5.17

Taseko Mines Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 8.06 8.08 6.28 5.17 4.79

Taseko Mines  (AMEX:TGB) 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.

Taseko Mines Long-Term Capital Lease Obligation Related Terms

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


Taseko Mines (Taseko Mines) Business Description

Industry
Traded in Other Exchanges
Address
1040 West Georgia Street, 12th Floor, Vancouver, BC, CAN, V6E 4H1
Taseko Mines Ltd is a Canadian mining company. It is principally engaged in the production and sale of metals, as well as related activities, including exploration and mine development, within the province of British Columbia, Canada, and the State of Arizona, the United States. The Gibraltar, Aley, New Prosperity, and Harmony properties are located in British Columbia whereas Florence copper is in central Arizona.
Executives
Sailingstone Capital Partners Llc 10 percent owner 100 WAUGH DRIVE, SUITE 600, HOUSTON TX 77007
Sailingstone Holdings Llc 10 percent owner 1 CALIFORNIA STREET, SUITE 3050, SAN FRANCISCO CA 94111
Mackenzie B Davis 10 percent owner 1 CALIFORNIA STREET, SUITE 3050, SAN FRANCISCO CA 941111
Settles Kenneth L Jr 10 percent owner 1 CALIFORNIA STREET, SUITE 3050, SAN FRANCISCO CA 94111