GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Arab Tunisian Bank SA (XTUN:ATB) » Definitions » Long-Term Capital Lease Obligation

Arab Tunisian Bank (XTUN:ATB) Long-Term Capital Lease Obligation : TND0.00 Mil (As of . 20)


View and export this data going back to 2019. Start your Free Trial

What is Arab Tunisian Bank Long-Term Capital Lease Obligation?

Arab Tunisian Bank's Long-Term Capital Lease Obligation for the quarter that ended in . 20 was TND0.00 Mil.


Arab Tunisian Bank Long-Term Capital Lease Obligation Historical Data

The historical data trend for Arab Tunisian Bank'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.

Arab Tunisian Bank Long-Term Capital Lease Obligation Chart

Arab Tunisian Bank Annual Data
Trend
Long-Term Capital Lease Obligation

Arab Tunisian Bank Semi-Annual Data
Long-Term Capital Lease Obligation

Arab Tunisian Bank  (XTUN:ATB) 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.

Arab Tunisian Bank Long-Term Capital Lease Obligation Related Terms

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


Arab Tunisian Bank (XTUN:ATB) Business Description

Industry
Traded in Other Exchanges
N/A
Address
9 Rue Hedi Nouira Street, Tunis, TUN, 1001
Arab Tunisian Bank SA is a commercial bank. The company offers savings and current accounts; term deposits; and consumer, professional, high tech, savings, start, and other credit products. It also provides money transfer and online banking services; bank cards; and treasury, SICAV, and other investment products. In addition, the company offers portfolio management, transfer abroad, AVA record keeping, foreign exchange transaction, payment of invoice, remote banking, mobilink, messenger, and mobile services; and insurance and assistance products.

Arab Tunisian Bank (XTUN:ATB) Headlines

No Headlines