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Bank of Valletta (MAL:BOV) Long-Term Capital Lease Obligation : €0.0 Mil (As of Dec. 2023)


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What is Bank of Valletta Long-Term Capital Lease Obligation?

Bank of Valletta's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0.0 Mil.


Bank of Valletta Long-Term Capital Lease Obligation Historical Data

The historical data trend for Bank of Valletta'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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Bank of Valletta Long-Term Capital Lease Obligation Chart

Bank of Valletta Annual Data
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Long-Term Capital Lease Obligation
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Bank of Valletta Semi-Annual Data
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Bank of Valletta  (MAL:BOV) 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 of Valletta Long-Term Capital Lease Obligation Related Terms

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Bank of Valletta (MAL:BOV) Business Description

Industry
Traded in Other Exchanges
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Address
58, Triq San Zakkarija, Il-Belt, Valletta, MLT, VLT1130
Bank of Valletta PLC is a public limited company. It provides investment services business. It also provides retail banking services as well as the sale of financial products such as units in collective investment schemes. The group has operating segments which consist of Retail Banking, Wealth Management, Business Banking, Treasury, Associates and Others. The group earns the majority of its revenue from Business Banking. Interest income is the main revenue generating activity.

Bank of Valletta (MAL:BOV) Headlines

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