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SVB Financial Group (WBO:SIVB) Long-Term Capital Lease Obligation : €390 Mil (As of Dec. 2022)


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What is SVB Financial Group Long-Term Capital Lease Obligation?

SVB Financial Group's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2022 was €390 Mil.

SVB Financial Group's quarterly Long-Term Capital Lease Obligation increased from Jun. 2022 (€357 Mil) to Sep. 2022 (€433 Mil) but then declined from Sep. 2022 (€433 Mil) to Dec. 2022 (€390 Mil).

SVB Financial Group's annual Long-Term Capital Lease Obligation increased from Dec. 2020 (€213 Mil) to Dec. 2021 (€343 Mil) and increased from Dec. 2021 (€343 Mil) to Dec. 2022 (€390 Mil).


SVB Financial Group Long-Term Capital Lease Obligation Historical Data

The historical data trend for SVB 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.

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SVB Financial Group Long-Term Capital Lease Obligation Chart

SVB Financial Group Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 196.96 212.90 343.38 389.87

SVB Financial Group Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 343.38 339.59 356.64 433.29 389.87

SVB Financial Group  (WBO:SIVB) 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.

SVB Financial Group Long-Term Capital Lease Obligation Related Terms

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SVB Financial Group (WBO:SIVB) Business Description

Industry
Traded in Other Exchanges
Address
3003 Tasman Drive, Santa Clara, CA, USA, 95054-1191
SVB Financial Group provides loans and ancillary financial services to startups, private equity, and venture capital firms. The bank has four segments: Silicon Valley Bank, SVB Private, SVB Capital, and SVB Securities. In addition to providing loans to venture-capital-backed startups, the company invests in private equity and venture capital funds of funds. The bank operates throughout the United States and maintains offices in Canada, the United Kingdom, Israel, China, India, Germany, Denmark, and Ireland.

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