Peoples (Peoples) Long-Term Capital Lease Obligation : $0.00 Mil (As of Dec. 2022)

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

What is Peoples Long-Term Capital Lease Obligation?

Peoples's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2022 was $0.00 Mil.

Peoples Long-Term Capital Lease Obligation Historical Data

The historical data trend for Peoples'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.

Peoples Long-Term Capital Lease Obligation Chart

Peoples Annual Data

Trend

Dec21

Dec22

Long-Term Capital Lease Obligation

Peoples Semi-Annual Data
	Dec21	Dec22
Long-Term Capital Lease Obligation	-	-

Peoples (OTCPK:PPLL) 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.

Peoples Long-Term Capital Lease Obligation Related Terms

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

Peoples (Peoples) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Peoples Ltd (OTCPK:PPLL) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

76 Church Street, P.O. Box 217, Wyalusing, PA, USA, 18853

Website

https://www.psbanking.com

Peoples Ltd is engaged in providing banking services. It provides a full range of basic financial services to individuals, small businesses, and corporate customers, from various sectors, such as manufacturing, retail, and agriculture.