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Escorts Investment Bank (KAR:ESBL) Long-Term Capital Lease Obligation : ₨0.00 Mil (As of . 20)


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What is Escorts Investment Bank Long-Term Capital Lease Obligation?

Escorts Investment Bank's Long-Term Capital Lease Obligation for the quarter that ended in . 20 was ₨0.00 Mil.


Escorts Investment Bank Long-Term Capital Lease Obligation Historical Data

The historical data trend for Escorts Investment Bank'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.

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Escorts Investment Bank Long-Term Capital Lease Obligation Chart

Escorts Investment Bank Annual Data
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Long-Term Capital Lease Obligation

Escorts Investment Bank Quarterly Data
Long-Term Capital Lease Obligation

Escorts Investment Bank  (KAR:ESBL) 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.

Escorts Investment Bank Long-Term Capital Lease Obligation Related Terms

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Escorts Investment Bank Business Description

Traded in Other Exchanges
N/A
Address
26 Davis Road, Ground Floor, Lahore, PB, PAK
Escorts Investment Bank Ltd is a non-banking finance company. The company operates in two segments, Financing Activities and Investment Activities. The Financing activities segment includes providing long-term and short-term financing facilities to corporate and individual customers. On the other hand, the Investing Activities segment includes money market activities, investment in government securities, advisory services, capital market activities, and the management of the company's liquidity. The majority of the revenue is generated from the Investment Activities segment. Geographically, it operates only in Pakistan.

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