Al-Qabidh Islamic Bank For Finance & Investment (IQS:BQAB) Long-Term Capital Lease Obligation : ع.د0.00 Mil (As of . 20)

View and export this data going back to 2017. Start your Free Trial

What is Al-Qabidh Islamic Bank For Finance & Investment Long-Term Capital Lease Obligation?

Al-Qabidh Islamic Bank For Finance & Investment's Long-Term Capital Lease Obligation for the quarter that ended in . 20 was ع.د0.00 Mil.

Al-Qabidh Islamic Bank For Finance & Investment Long-Term Capital Lease Obligation Historical Data

The historical data trend for Al-Qabidh Islamic Bank For Finance & Investment'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.

Al-Qabidh Islamic Bank For Finance & Investment Long-Term Capital Lease Obligation Chart

Al-Qabidh Islamic Bank For Finance & Investment Annual Data

Trend

Long-Term Capital Lease Obligation

Al-Qabidh Islamic Bank For Finance & Investment Semi-Annual Data

Long-Term Capital Lease Obligation

Al-Qabidh Islamic Bank For Finance & Investment (IQS:BQAB) 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.

Al-Qabidh Islamic Bank For Finance & Investment Long-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of Al-Qabidh Islamic Bank For Finance & Investment's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.

Al-Qabidh Islamic Bank For Finance & Investment (IQS:BQAB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Al-Qabidh Islamic Bank For Finance & Investment (IQS:BQAB) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

Al Sheikh Omar Street, Opposite of al Sheikh Omar Petrol Street, Baghdad, IRQ

Website

Al-Qabidh Islamic Bank For Finance & Investment is a financial institution that provides banking services in IRAQ.

Al-Qabidh Islamic Bank For Finance & Investment (IQS:BQAB) Headlines

No Headlines