FMBcapital Holdings (MSW:FMBCH) Long-Term Capital Lease Obligation : MWK0.00 Mil (As of . 20)

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

What is FMBcapital Holdings Long-Term Capital Lease Obligation?

FMBcapital Holdings's Long-Term Capital Lease Obligation for the quarter that ended in . 20 was MWK0.00 Mil.

FMBcapital Holdings Long-Term Capital Lease Obligation Historical Data

The historical data trend for FMBcapital 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.

FMBcapital Holdings Long-Term Capital Lease Obligation Chart

FMBcapital Holdings Annual Data

Trend

Long-Term Capital Lease Obligation

FMBcapital Holdings Semi-Annual Data

Long-Term Capital Lease Obligation

FMBcapital Holdings (MSW:FMBCH) 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.

FMBcapital Holdings Long-Term Capital Lease Obligation Related Terms

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

FMBcapital Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » FMBcapital Holdings PLC (MSW:FMBCH) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

21 Glyn Jones Road, Livingstone Towers, Private Bag 122, Blantyre, MWI

Website

https://www.firstcapitalbank.co.mw

FMBcapital Holdings PLC is a full-service commercial bank offering financial products and services. The company serves the individual, business, corporate and institutional clients. It offers a comprehensive range of financial products and services including transactional accounts, treasury and foreign exchange, payments and cash management, loans and overdrafts, fixed deposits, call deposits, treasury bills, promissory notes, internet banking, among others.

FMBcapital Holdings Headlines

No Headlines