GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Allbanc Split Corp (TSX:ABK.PR.C.PFD) » Definitions » Long-Term Capital Lease Obligation

Allbanc Split (TSX:ABK.PR.C.PFD) Long-Term Capital Lease Obligation : C$0.00 Mil (As of Aug. 2017)


View and export this data going back to 2013. Start your Free Trial

What is Allbanc Split Long-Term Capital Lease Obligation?

Allbanc Split's Long-Term Capital Lease Obligation for the quarter that ended in Aug. 2017 was C$0.00 Mil.


Allbanc Split Long-Term Capital Lease Obligation Historical Data

The historical data trend for Allbanc Split'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.

Allbanc Split Long-Term Capital Lease Obligation Chart

Allbanc Split Annual Data
Trend Feb08 Feb09 Feb10 Feb11 Feb12 Feb13 Feb14 Feb15 Feb16 Feb17
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Allbanc Split Semi-Annual Data
Feb08 Aug08 Feb09 Aug09 Feb10 Aug10 Feb11 Aug11 Feb12 Aug12 Feb13 Aug13 Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17
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 - - - - -

Allbanc Split  (TSX:ABK.PR.C.PFD) 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.

Allbanc Split Long-Term Capital Lease Obligation Related Terms

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


Allbanc Split (TSX:ABK.PR.C.PFD) Business Description

Traded in Other Exchanges
N/A
Address
Allbanc Split Corp is a mutual fund corporation. The company's portfolio includes shares of various banks to generate income for the holders of its preferred shares and to enable the holders of its capital shares to participate in any capital appreciation in the Portfolio Shares and to benefit from any increase in the dividends payable on the Portfolio Shares.

Allbanc Split (TSX:ABK.PR.C.PFD) Headlines

No Headlines