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ING Bank Slaski (STU:6GF) Long-Term Capital Lease Obligation : €0 Mil (As of Mar. 2024)


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What is ING Bank Slaski Long-Term Capital Lease Obligation?

ING Bank Slaski's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was €0 Mil.


ING Bank Slaski Long-Term Capital Lease Obligation Historical Data

The historical data trend for ING Bank Slaski'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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ING Bank Slaski Long-Term Capital Lease Obligation Chart

ING Bank Slaski Annual Data
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Long-Term Capital Lease Obligation
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ING Bank Slaski Quarterly Data
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ING Bank Slaski  (STU:6GF) 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.

ING Bank Slaski Long-Term Capital Lease Obligation Related Terms

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ING Bank Slaski (STU:6GF) Business Description

Industry
Traded in Other Exchanges
Address
Sokolska Street 34, Katowice, POL, 40-086
ING Bank Slaski SA offers a broad range of banking services rendered to individual and institutional clients in line with the scope of services outlined in the Bank's charter. The Bank runs operations both in the home currency and in foreign currencies. Additionally, through subsidiaries, the Group conducts leasing and factoring activity, advisory and acts as a financial intermediary as well as provides other financial services. The Group's business model includes the division of clients into two main segments namely the retail banking segment and corporate banking segment. The Group pursues business within the territory of the Republic of Poland.

ING Bank Slaski (STU:6GF) Headlines

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