United Overseas Bank (SGX:U11) Long-Term Capital Lease Obligation : S$0 Mil (As of Dec. 2023)

View and export this data going back to 1970. Start your Free Trial

What is United Overseas Bank Long-Term Capital Lease Obligation?

United Overseas Bank's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was S$0 Mil.

United Overseas Bank Long-Term Capital Lease Obligation Historical Data

The historical data trend for United Overseas Bank'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.

United Overseas Bank Long-Term Capital Lease Obligation Chart

United Overseas Bank Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

United Overseas Bank Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															-	-	-	-	-

United Overseas Bank (SGX:U11) 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.

United Overseas Bank Long-Term Capital Lease Obligation Related Terms

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

United Overseas Bank (SGX:U11) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » United Overseas Bank Ltd (SGX:U11) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

UOVEY:USA UOVEF:USA UOB:Germany

Address

80 Raffles Place, UOB Plaza, Singapore, SGP, 048624

Website

https://www.uobgroup.com

United Overseas Bank is a diversified financial institution based in Singapore. Its regional reach spans Greater China and Southeast Asia. Key countries include Malaysia, Thailand, and Indonesia. Singapore, its core market, makes up around 50% of its total assets. The group offers a wide range of services, including consumer, commercial and corporate, and investment banking; corporate finance; treasury services; and wealth management, insurance, and brokerage services.

United Overseas Bank (SGX:U11) Headlines

No Headlines