Invest Bank (AMM:INVB) Long-Term Capital Lease Obligation : JOD0.00 Mil (As of Mar. 2025)

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What is Invest Bank Long-Term Capital Lease Obligation?

Invest Bank's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was JOD0.00 Mil.

Invest Bank Long-Term Capital Lease Obligation Historical Data

The historical data trend for Invest 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.

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Invest Bank Long-Term Capital Lease Obligation Chart

Invest Bank Annual Data

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Long-Term Capital Lease Obligation

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Invest Bank Quarterly Data
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Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															-	-	-	-	-

Invest Bank (AMM:INVB) 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.

Invest Bank Long-Term Capital Lease Obligation Related Terms

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Invest Bank Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Invest Bank (AMM:INVB) » Definitions » Long-Term Capital Lease Obligation

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Traded in Other Exchanges

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Address

Abdul Hameed Sharaf Street, P.O. Box 950601, Building No. 43, Shmesani, Hashemite, Amman, JOR, 11195

Website

https://www.investbank.jo

Invest Bank operates in the financial industry. The company's operating segment includes Retails, Corporate, Treasury, Financial brokerage; Finance leasing, Operating and managing bonded warehouses, and others. Retail accounts include handling individual customers' deposits and providing credit facilities, credit cards, and other services, and generate maximum revenue for the bank.