GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Cadence Bank (NYSE:CADE) » Definitions » Long-Term Capital Lease Obligation

Cadence Bank (Cadence Bank) Long-Term Capital Lease Obligation : $0 Mil (As of Mar. 2024)


View and export this data going back to 1985. Start your Free Trial

What is Cadence Bank Long-Term Capital Lease Obligation?

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


Cadence Bank Long-Term Capital Lease Obligation Historical Data

The historical data trend for Cadence 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.

Cadence Bank Long-Term Capital Lease Obligation Chart

Cadence 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 Premium Member Only Premium Member Only - - - - -

Cadence Bank Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - - -

Cadence Bank  (NYSE:CADE) 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.

Cadence Bank Long-Term Capital Lease Obligation Related Terms

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


Cadence Bank (Cadence Bank) Business Description

Industry
Traded in Other Exchanges
Address
201 South Spring Street, One Mississippi Plaza, Tupelo, MS, USA, 38804
Cadence Bank is a bank based in the United States. The operating segments 1) Banking Services segment provides all traditional banking products and services, including commercial loans and deposits. 2) Mortgage segment includes mortgage banking activities of originating mortgage loans, and selling mortgage loans in the secondary market.3) Wealth Management segment offers individuals, businesses, governmental institutions and non-profit entities solutions to help protect, grow and transfer wealth. 4) Insurance Agencies segment provides service as agents in the sale of commercial lines of insurance and full lines of property and casualty, life, etc. 5) General Corporate and Other segment included other activities not allocated to other aforementioned operating segments.