GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bank AL Habib Ltd (KAR:BAHL) » Definitions » Long-Term Capital Lease Obligation

Bank AL Habib (KAR:BAHL) Long-Term Capital Lease Obligation : ₨0 Mil (As of Mar. 2024)


View and export this data going back to 1992. Start your Free Trial

What is Bank AL Habib Long-Term Capital Lease Obligation?

Bank AL Habib's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₨0 Mil.


Bank AL Habib Long-Term Capital Lease Obligation Historical Data

The historical data trend for Bank AL Habib'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.

Bank AL Habib Long-Term Capital Lease Obligation Chart

Bank AL Habib 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 - - - - -

Bank AL Habib 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 - - - - -

Bank AL Habib  (KAR:BAHL) 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.

Bank AL Habib Long-Term Capital Lease Obligation Related Terms

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


Bank AL Habib (KAR:BAHL) Business Description

Industry
Traded in Other Exchanges
N/A
Address
I.I. Chundrigar Road, 2nd Floor, Mackinnons Building, Karachi, SD, PAK
Bank AL Habib Ltd is a banking company in Pakistan. It provides banking services consisting of retail banking, current & savings accounts, credit cards, consumer banking products, provision of banking & other financial services to individual customers, small merchants & small-medium enterprises. The company also provides commercial banking such as banking services including treasury & international trade-related activities to large corporate customers, multinational companies, and government, & semi-government departments & institutions. Geographically, it operates in Pakistan, the Middle East & Asia- Pacific. The majority of revenue is from the Commercial banking segment.

Bank AL Habib (KAR:BAHL) Headlines

No Headlines