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Bancontander Chile (XSGO:BSANTANDER) Long-Term Capital Lease Obligation : CLP65,054 Mil (As of Sep. 2024)


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What is Bancontander Chile Long-Term Capital Lease Obligation?

Bancontander Chile's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2024 was CLP65,054 Mil.

Bancontander Chile's quarterly Long-Term Capital Lease Obligation declined from Mar. 2024 (CLP78,109 Mil) to Jun. 2024 (CLP69,284 Mil) and declined from Jun. 2024 (CLP69,284 Mil) to Sep. 2024 (CLP65,054 Mil).

Bancontander Chile's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (CLP116,404 Mil) to Dec. 2022 (CLP111,187 Mil) and declined from Dec. 2022 (CLP111,187 Mil) to Dec. 2023 (CLP83,800 Mil).


Bancontander Chile Long-Term Capital Lease Obligation Historical Data

The historical data trend for Bancontander Chile'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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Bancontander Chile Long-Term Capital Lease Obligation Chart

Bancontander Chile Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 158,494.00 149,585.00 116,404.00 111,187.00 83,800.00

Bancontander Chile Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Long-Term Capital Lease Obligation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 92,984.00 83,800.00 78,109.00 69,284.00 65,054.00

Bancontander Chile  (XSGO:BSANTANDER) 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.

Bancontander Chile Long-Term Capital Lease Obligation Related Terms

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Bancontander Chile Business Description

Traded in Other Exchanges
Address
Bandera 140, 20th Floor, Santiago, CHL
Founded in 1978, Banco Santander Chile is part of the Santander group and majority controlled by Santander Spain. Banco Santander is the largest bank in Chile by loans and the second largest by deposits. The bank generates most of its net interest income (roughly 65% of total revenue) from its mortgage, unsecured consumer credit lines, and commercial loans. Banco Santander's commercial loan business is more focused on small- to medium-sized companies, with firms generating more than CLP 10,000 million in revenue only making up around 5% of outstanding loans. Outside of lending, Banco Santander is the largest card issuer in the country with around 25% of the market and benefits from a long-term strategic partnership with the largest airline in the country LATAM Chile.

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