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Equitable Financial (Equitable Financial) Long-Term Capital Lease Obligation : $0.00 Mil (As of Jun. 2023)


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What is Equitable Financial Long-Term Capital Lease Obligation?

Equitable Financial's Long-Term Capital Lease Obligation for the quarter that ended in Jun. 2023 was $0.00 Mil.


Equitable Financial Long-Term Capital Lease Obligation Historical Data

The historical data trend for Equitable Financial'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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Equitable Financial Long-Term Capital Lease Obligation Chart

Equitable Financial Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Long-Term Capital Lease Obligation
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Equitable Financial Semi-Annual Data
Jun06 Jun07 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
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Equitable Financial  (OTCPK:EQFN) 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.

Equitable Financial Long-Term Capital Lease Obligation Related Terms

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Equitable Financial (Equitable Financial) Business Description

Traded in Other Exchanges
N/A
Address
113 North Locust Street, PO Box 160, Grand Island, NE, USA, 68801
Equitable Financial Corp is a holding company. The bank is engaged in the business of attracting deposits from the public and using those funds to originate commercial loans, agricultural loans, one- to four-family residential real estate loans and Other, these all activities are conducted through its main offices which are Located in Grand Island, North Platte, Omaha and Elkhorn, Nebraska.. The Bank's primary services include accepting deposits, making loans, and investing in securities. It also provides Advisory services and wealth management.
Executives
William B Westering director 113 N LOCUST ST, GRAND ISLAND NE 68801
Wassinger Benedict P Jr director 113-115 NORTH LOCUST STREET, GRAND ISLAND NE 68801
Thomas E Gdowski director, officer: President and CEO 113-115 NORTH LOCUST STREET, GRAND ISLAND NE 68801
Douglas J Nodgaard officer: Community Bank President 10855 W DODGE RD, STE 110, OMAHA NE 68154
Jack E Rasmussen director 113-115 NORTH LOCUST STREET, GRAND ISLAND NE 68801
Douglas J Redman director 113-115 NORTH LOCUST STREET, GRAND ISLAND NE 68801
Pamela L Price director 113-115 NORTH LOCUST STREET, GRAND ISLAND NE 68801
Gary L Hedman director 113-115 NORTH LOCUST STREET, GRAND ISLAND NE 68801
Vincent J Dugan director 113-115 NORTH LOCUST STREET, GRAND ISLAND NE 68801
Darcy M Ray officer: VP Finance and Controller 113 N LOCUST ST, GRAND ISLAND NE 68801
David Lee Richardson director, officer: Community Bank President 113 N LOCUST ST, GRAND ISLAND NE 68801
Levi D Fisher director, officer: Community Bank President 920 S JEFFERS ST, NORTH PLATTE NE 69101

Equitable Financial (Equitable Financial) Headlines

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