GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Mitsubishi UFJ Financial Group Inc (BSP:M1UF34) » Definitions » Long-Term Capital Lease Obligation

Mitsubishi UFJ Financial Group (BSP:M1UF34) Long-Term Capital Lease Obligation : R$0 Mil (As of Dec. 2023)


View and export this data going back to 2020. Start your Free Trial

What is Mitsubishi UFJ Financial Group Long-Term Capital Lease Obligation?

Mitsubishi UFJ Financial Group's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was R$0 Mil.


Mitsubishi UFJ Financial Group Long-Term Capital Lease Obligation Historical Data

The historical data trend for Mitsubishi UFJ Financial Group'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.

Mitsubishi UFJ Financial Group Long-Term Capital Lease Obligation Chart

Mitsubishi UFJ Financial Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Mitsubishi UFJ Financial Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - - - -

Mitsubishi UFJ Financial Group  (BSP:M1UF34) 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.

Mitsubishi UFJ Financial Group Long-Term Capital Lease Obligation Related Terms

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


Mitsubishi UFJ Financial Group (BSP:M1UF34) Business Description

Address
7-1, Marunouchi 2-Chome, Chiyoda-ku, Tokyo, JPN, 100-8330
Mitsubishi UFJ Financial Group is the largest bank in Japan in terms of market capitalization and assets, with an 8.1% share of all domestic loans as of March 2023. It is the largest non-Chinese bank group globally and has a balance sheet slightly larger than those of JPMorgan Chase and HSBC Holdings. MUFG's operations in Japan account for around half of profit, banking in Thailand and Indonesia for around 15%, and equity-method earnings from Morgan Stanley most of the rest.

Mitsubishi UFJ Financial Group (BSP:M1UF34) Headlines

No Headlines