GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Cyprus Popular Bank Public Co Ltd (ATH:CPBANK) » Definitions » Long-Term Capital Lease Obligation

Cyprus Popular Bank Public Co (ATH:CPBANK) Long-Term Capital Lease Obligation : €0 Mil (As of Dec. 2011)


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

What is Cyprus Popular Bank Public Co Long-Term Capital Lease Obligation?

Cyprus Popular Bank Public Co's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2011 was €0 Mil.


Cyprus Popular Bank Public Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Cyprus Popular Bank Public Co'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.

Cyprus Popular Bank Public Co Long-Term Capital Lease Obligation Chart

Cyprus Popular Bank Public Co Annual Data
Trend Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Cyprus Popular Bank Public Co Semi-Annual Data
Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Long-Term Capital Lease Obligation Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Cyprus Popular Bank Public Co  (ATH:CPBANK) 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.

Cyprus Popular Bank Public Co Long-Term Capital Lease Obligation Related Terms

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


Cyprus Popular Bank Public Co (ATH:CPBANK) Business Description

Traded in Other Exchanges
N/A

Cyprus Popular Bank Public Co (ATH:CPBANK) Headlines

No Headlines