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Industrialbank PJSC (PFTS:INDB) Long-Term Capital Lease Obligation : ₴0.00 Mil (As of . 20)


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What is Industrialbank PJSC Long-Term Capital Lease Obligation?

Industrialbank PJSC's Long-Term Capital Lease Obligation for the quarter that ended in . 20 was ₴0.00 Mil.


Industrialbank PJSC Long-Term Capital Lease Obligation Historical Data

The historical data trend for Industrialbank PJSC'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.

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Industrialbank PJSC Long-Term Capital Lease Obligation Chart

Industrialbank PJSC Annual Data
Trend
Long-Term Capital Lease Obligation

Industrialbank PJSC Semi-Annual Data
Long-Term Capital Lease Obligation

Industrialbank PJSC  (PFTS:INDB) 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.

Industrialbank PJSC Long-Term Capital Lease Obligation Related Terms

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Industrialbank PJSC (PFTS:INDB) Business Description

Industry
Comparable Companies
Traded in Other Exchanges
N/A
Address
18/7, General Almazov street, Kyiv, UKR, 01133
Industrialbank PJSC is a universal private equity bank providing a wide range of services to businesses, entrepreneurs, and the general public. Its services include deposits, loans, payment cards, security depository activities, individual bank cells, transfers, and remote service systems, among others.