Botswana Insurance Holdings (BOT:BIHLBT) Long-Term Capital Lease Obligation : BWP0.00 Mil (As of . 20)

View and export this data going back to 1990. Start your Free Trial

What is Botswana Insurance Holdings Long-Term Capital Lease Obligation?

Botswana Insurance Holdings's Long-Term Capital Lease Obligation for the quarter that ended in . 20 was BWP0.00 Mil.

Botswana Insurance Holdings Long-Term Capital Lease Obligation Historical Data

The historical data trend for Botswana Insurance Holdings'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.

Botswana Insurance Holdings Long-Term Capital Lease Obligation Chart

Botswana Insurance Holdings Annual Data

Trend

Long-Term Capital Lease Obligation

Botswana Insurance Holdings Semi-Annual Data

Long-Term Capital Lease Obligation

Botswana Insurance Holdings (BOT:BIHLBT) 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.

Botswana Insurance Holdings Long-Term Capital Lease Obligation Related Terms

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

Botswana Insurance Holdings (BOT:BIHLBT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Botswana Insurance Holdings Ltd (BOT:BIHLBT) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot 66458, Block A, 3rd Floor, Fairgrounds Office Park, PO Box 336, Gaborone, BWA

Website

https://www.bihl.co.bw

Botswana Insurance Holdings Ltd is financial services group. It operates two subsidiaries company which is Botswana Life Insurance Limited and Botswana Insurance Fund. Botswana Life Insurance Limited provides life insurance services to its customers through Botswana Life. Botswana Insurance Fund provides asset management services to its customers through Bifm. Majority of the revenue comes from Botswana Life Insurance.

Botswana Insurance Holdings (BOT:BIHLBT) Headlines

No Headlines