Fahey Banking Co (Fahey Banking Co) Long-Term Capital Lease Obligation : $0.00 Mil (As of . 20)

View and export this data going back to 2018. Start your Free Trial

What is Fahey Banking Co Long-Term Capital Lease Obligation?

Fahey Banking Co's Long-Term Capital Lease Obligation for the quarter that ended in . 20 was $0.00 Mil.

Fahey Banking Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Fahey Banking Co'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.

Fahey Banking Co Long-Term Capital Lease Obligation Chart

Fahey Banking Co Annual Data

Trend

Long-Term Capital Lease Obligation

Fahey Banking Co Semi-Annual Data

Long-Term Capital Lease Obligation

Fahey Banking Co (OTCPK:FAHE) 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.

Fahey Banking Co Long-Term Capital Lease Obligation Related Terms

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

Fahey Banking Co (Fahey Banking Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Fahey Banking Co (OTCPK:FAHE) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

127 North Main Street, Marion, OH, USA, 43302

Website

https://www.faheybank.bank

Fahey Banking Co operates in the financial sector. The company offers various banking products and services under personal and business divisions. Services offered by the company include regular savings accounts, business savings accounts, business money market accounts, business retirement accounts, home mortgage loans, home equity loans, auto loans, personal term loans, business term loans, and commercial real estate loans. It also offers digital banking, telephone banking and bounce protection services.

Fahey Banking Co (Fahey Banking Co) Headlines

No Headlines