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Optima bank (ATH:OPTIMA) Long-Term Capital Lease Obligation : €0.0 Mil (As of Jun. 2023)


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What is Optima bank Long-Term Capital Lease Obligation?

Optima bank's Long-Term Capital Lease Obligation for the quarter that ended in Jun. 2023 was €0.0 Mil.


Optima bank Long-Term Capital Lease Obligation Historical Data

The historical data trend for Optima 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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Optima bank Long-Term Capital Lease Obligation Chart

Optima bank Annual Data
Trend Dec20 Dec21 Dec22
Long-Term Capital Lease Obligation
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Optima bank Semi-Annual Data
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Optima bank  (ATH:OPTIMA) 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.

Optima bank Long-Term Capital Lease Obligation Related Terms

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Optima bank (ATH:OPTIMA) Business Description

Industry
Traded in Other Exchanges
Address
32 Aigialeias & Paradissou Street, P.O. 15125, Marousi, GRC, 15125
Optima bank SA is a banking and financial services providing institution which caters to the needs of customers both retail and businesses, products and services. It also provides a wide range of banking and brokerage services as well as investment banking services covering the broadest sectors such as Private Banking or Retail Banking, Corporate Banking, Other Services, Capital Management Services and Business Receivables Agency.

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