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Atacama Copper (TSXV:ACOP) Short-Term Debt & Capital Lease Obligation : C$1.15 Mil (As of Mar. 2024)


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What is Atacama Copper Short-Term Debt & Capital Lease Obligation?

Short-Term Debt & Capital Lease Obligation is the portion of a company's debt and capital lease obligation that need to be paid within the next 12 months. It equals Short-Term Debt plus Short-Term Capital Lease Obligation. This gives investors an idea of how much money the company needs to pay down for the principle of its debt. Atacama Copper's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$1.15 Mil.

Long-Term Debt & Capital Lease Obligation is the debt and capital lease obligation due more than 12 months in the future. Atacama Copper's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$0.00 Mil.


Atacama Copper Short-Term Debt & Capital Lease Obligation Historical Data

The historical data trend for Atacama Copper's Short-Term Debt & 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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Atacama Copper Short-Term Debt & Capital Lease Obligation Chart

Atacama Copper Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Short-Term Debt & Capital Lease Obligation
- - - 0.10

Atacama Copper Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Short-Term Debt & 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 - - - 0.10 1.15

Atacama Copper Short-Term Debt & Capital Lease Obligation Calculation

This is the portion of a company's debt and capital lease obligation that need to be paid within the next 12 months. It equals Short-Term Debt plus Short-Term Capital Lease Obligation. This gives investors an idea of how much money the company needs to pay down for the principle of its debt.

In the notes to balance sheet in annual (10-K) or quarterly (10-Q) reports, companies usually break down the details of the debt, their due dates, the interest rates etc.


Be Aware

Stay away from companies that roll over the debt e.g. Bear Stearns

When investing in financial institutions, Buffett shies from those who are bigger borrowers of short term than long term debt.

His favorite Wells Fargo has 57 cents short term debt for every dollar of long term

Aggressive banks (like Bank of America) has $2.09 short term for every dollar long term


Atacama Copper Short-Term Debt & Capital Lease Obligation Related Terms

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Atacama Copper (TSXV:ACOP) Business Description

Industry
Traded in Other Exchanges
N/A
Address
800 West Pender Street, Unit 550, Vancouver, BC, CAN, V6C 2V6
Atacama Copper Corp is focused on copper and engaged in the acquisition, exploration, and development of mineral properties in Chile. It owns an interest in the Placeton copper property situated in the Atacama mineral belt in Chile's 3rd region between Relincho copper and El Morro copper-gold projects. In addition, it owns El Cofre copper-cobalt-gold property in the prolific cobalt belt of Chile located in the Atacama Province of Chile's 3rd region.

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