NSIA Banque Cote d Ivoire (XBRV:NSBC) Long-Term Capital Lease Obligation : XOF0.00 Mil (As of . 20)

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What is NSIA Banque Cote d Ivoire Long-Term Capital Lease Obligation?

NSIA Banque Cote d Ivoire's Long-Term Capital Lease Obligation for the quarter that ended in . 20 was XOF0.00 Mil.

NSIA Banque Cote d Ivoire Long-Term Capital Lease Obligation Historical Data

The historical data trend for NSIA Banque Cote d Ivoire'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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NSIA Banque Cote d Ivoire Long-Term Capital Lease Obligation Chart

NSIA Banque Cote d Ivoire Annual Data

Trend

Long-Term Capital Lease Obligation

NSIA Banque Cote d Ivoire Semi-Annual Data

Long-Term Capital Lease Obligation

NSIA Banque Cote d Ivoire (XBRV:NSBC) 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.

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NSIA Banque Cote d Ivoire (XBRV:NSBC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » NSIA Banque Cote d Ivoire (XBRV:NSBC) » Definitions » Long-Term Capital Lease Obligation

Traded in Other Exchanges

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Address

8-10 Avenue Joseph Anoma, Abidjan, CIV, 01 BP 1274

Website

http://nsiabanque.ci

NSIA Banque Cote d Ivoire operates as a bank, providing services including young account, e-banking, insurance, savings credit, loans, deposits, investment products, and other services.

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