Deutsche Bank AG Long-Term Capital Lease Obligation

: $0 Mil (As of Mar. 2022)

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Deutsche Bank AG's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2022 was $0 Mil.

Deutsche Bank AG's quarterly Long-Term Capital Lease Obligation increased from Sep. 2021 ($0 Mil) to Dec. 2021 ($4,480 Mil) but then declined from Dec. 2021 ($4,480 Mil) to Mar. 2022 ($0 Mil).

Deutsche Bank AG's annual Long-Term Capital Lease Obligation increased from Dec. 2019 ($3,646 Mil) to Dec. 2020 ($4,835 Mil) but then declined from Dec. 2020 ($4,835 Mil) to Dec. 2021 ($4,480 Mil).

Deutsche Bank AG Long-Term Capital Lease Obligation Historical Data

The historical data trend for Deutsche Bank AG'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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Deutsche Bank AG Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Long-Term Capital Lease Obligation

3,645.56

4,834.55

4,480.23

Deutsche Bank AG Quarterly Data
	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22
Long-Term Capital Lease Obligation																-	-	-	4,480.23	-

Deutsche Bank AG (NYSE:DB) 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.

Deutsche Bank AG Long-Term Capital Lease Obligation Related Terms

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Deutsche Bank AG Business Description

Industry

Financial Services » Banks NAICS : 522110 SIC : 0

Comparable Companies

SAU:1060 XKLS:1155 ISX:BMRI SHSE:600016 OSTO:SEB A DFM:EMIRATESNBD TSE:6178 KUW:NBK SHSE:601818 MIL:UCG

Traded in Other Exchanges

DBK:Romania DB:Mexico DBK:Italy DEUTSCHEBANK:Hungary 0H7D:UK DBK:Germany DBK:Germany DBK:Germany DBK:Germany DBK:Czech Republic DBK:Switzerland DBAG34:Brazil

Address

Taunusanlage 12, Frankfurt am Main, HE, DEU, 60325

Website

https://www.db.com

In July 2019, Deutsche Bank announced another restructuring plan hoping to revitalize revenue, reduce costs, and return to profitability. The largest moving pieces of the new plan is the full exit of global equity sales & trading, the scaling back of its fixed income business, as well as 18,000 FTE reductions until 2022. The remaining core business segments include private banking, corporate banking, asset management, and investment banking.