National Housing Finance (DHA:NHFIL) Long-Term Capital Lease Obligation : BDT0.00 Mil (As of . 20)

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What is National Housing Finance Long-Term Capital Lease Obligation?

National Housing Finance's Long-Term Capital Lease Obligation for the quarter that ended in . 20 was BDT0.00 Mil.

National Housing Finance Long-Term Capital Lease Obligation Historical Data

The historical data trend for National Housing Finance'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.
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National Housing Finance Long-Term Capital Lease Obligation Chart

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Long-Term Capital Lease Obligation

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Long-Term Capital Lease Obligation

National Housing Finance (DHA:NHFIL) 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.

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National Housing Finance Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » National Housing Finance PLC (DHA:NHFIL) » Definitions » Long-Term Capital Lease Obligation

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Plot no. 11-A, Road no. 48, Concord Baksh Tower, 7th Floor, Block CWN(A), Gulshan- 2, Dhaka, BGD, 1212

Website

https://www.nationalhousingbd.com

National Housing Finance PLC is the leading specialized home loan provider in the country. Its various home loan products are tailored to fulfill all the needs in the best possible way.

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